£257,540
This estimated value is based upon the latest sale price for the house of £139,950 on 2 Sep 2005. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£139,950 | 2 Sep 2005 |
£114,000 | 19 Dec 2003 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 September 2005 the House Price Index for SUFFOLK was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £139,950 results in an estimated price of approximately £257,540.
2 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.3 | 149.7 | 84.023 % | £139,950 | £117,590 | £257,540 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 75.000 % | £104,963 | £244,913 |
3 Month Average | 73.855 % | £103,359 | £243,309 |
6 Month Average | 91.890 % | £128,599 | £268,549 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £127,905 | £125,000 | 722 OLD NORWICH ROAD |
23 Feb 2023 | £553,699 | £550,000 | 819 OLD NORWICH ROAD |
9 May 2022 | £5,457,170 | £5,315,000 | 2 ANGLIA PARKWAY NORTH |
14 Apr 2022 | £326,788 | £315,000 | 42 MALKIN CLOSE |
25 Feb 2022 | £396,171 | £375,000 | 811 OLD NORWICH ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 7 Aug 2013. Using an estimated price of £257,540 means this house is valued at £3,301 per sq meter (£306 per sq foot).
The average size of a house on OLD NORWICH ROAD is 129 sq meters (1,395 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tooks Road |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tooks Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Ballater Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Ballater Close |
Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ballater Close |