£612,755
This estimated value is based upon the latest sale price for the house of £275,000 on 14 Nov 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 14 Nov 2003 |
| Detached |
| Freehold |
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 November 2003 the House Price Index for SUFFOLK was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £275,000 results in an estimated price of approximately £612,755.
| 14 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £275,000 | £337,755 | £612,755 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | 122.734 % | £337,517 | £612,517 |
| 3 Month Average | 114.006 % | £313,515 | £588,515 |
| 6 Month Average | 112.966 % | £310,655 | £585,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2024 | £150,000 | £150,000 | 72 SOUTHWOLD ROAD |
| 12 Jul 2024 | £295,000 | £295,000 | 56 SOUTHWOLD ROAD |
| 20 Oct 2023 | £206,694 | £202,000 | 42 SOUTHWOLD ROAD |
| 6 Jun 2023 | £382,669 | £375,000 | 54 SOUTHWOLD ROAD |
| 5 Jan 2023 | £190,509 | £190,000 | 44 SOUTHWOLD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walker Gardens |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Chatten Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sports/Recreation Area |