£114,134
This estimated value is based upon the latest sale price for the house of £112,000 on 25 Apr 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £112,000 | 25 Apr 2023 |
| £109,995 | 9 Nov 2018 |
| £99,995 | 28 Jun 2007 |
| £89,950 | 24 Mar 2006 |
| £72,000 | 12 Nov 2003 |
| £47,500 | 1 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in April 2023 the House Price Index for SUFFOLK was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £112,000 results in an estimated price of approximately £114,134.
| 25 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £112,000 | £2,134 | £114,134 |
The Postcode Pricing Model uses changes in average sales price within the NR32 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 5.114 % | £5,727 | £117,727 |
| 3 Month Average | -2.900 % | £-3,248 | £108,751 |
| 6 Month Average | -2.858 % | £-3,201 | £108,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £110,000 | £110,000 | 1 MAY ROAD |
| 25 Aug 2023 | £173,122 | £170,000 | 47 STANFORD STREET |
| 23 Jun 2023 | £145,924 | £143,000 | 57 MAY ROAD |
| 28 Apr 2023 | £140,630 | £138,000 | 59 MAY ROAD |
| 25 Apr 2023 | £114,135 | £112,000 | 74 STANFORD STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Jun 2018. Using an estimated price of £114,135 means this house is valued at £1,630 per sq meter (£151 per sq foot).
The average size of a house on STANFORD STREET is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near May Road | |
| Jul 2024 | Anti-social behaviour | On or near May Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near May Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near May Road |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near May Road |