£114,076
This estimated value is based upon the latest sale price for the house of £88,000 on 11 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £88,000 | 11 May 2017 |
| £57,500 | 18 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 May 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £88,000 results in an estimated price of approximately £114,076.
| 11 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £88,000 | £26,076 | £114,076 |
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 | 35.930 % | £31,618 | £119,618 |
| 3 Month Average | 14.742 % | £12,972 | £100,972 |
| 6 Month Average | 21.623 % | £19,028 | £107,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £66,014 | £65,000 | 34 BEVAN STREET WEST |
| 15 Sep 2023 | £127,818 | £125,000 | 101 BEVAN STREET WEST |
| 5 Sep 2023 | £143,151 | £139,995 | 57 TONNING STREET |
| 16 Jun 2023 | £130,107 | £127,500 | 54 TONNING STREET |
| 25 Nov 2022 | £134,372 | £135,000 | 22 BEVAN STREET WEST |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 30 Sep 2014. Using an estimated price of £114,077 means this house is valued at £1,253 per sq meter (£116 per sq foot).
The average size of a house on TONNING STREET is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Tonning Street |
| Sep 2024 | Drugs | Under investigation | On or near Tonning Street |
| Sep 2024 | Anti-social behaviour | On or near Tonning Street | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tonning Street |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Tonning Street |