£124,255
This estimated value is based upon the latest sale price for the house of £122,500 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £122,500 | 24 Jun 2022 |
| £79,000 | 8 Dec 2005 |
| £28,000 | 27 Feb 2001 |
| £25,000 | 10 Dec 1999 |
| Terraced |
| 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 June 2022 the House Price Index for SUFFOLK was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £122,500 results in an estimated price of approximately £124,255.
| 24 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £122,500 | £1,755 | £124,255 |
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 | 1.471 % | £1,801 | £124,301 |
| 3 Month Average | 11.558 % | £14,158 | £136,658 |
| 6 Month Average | 10.978 % | £13,448 | £135,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £119,610 | £118,000 | 18 STANFORD STREET |
| 3 Apr 2023 | £121,306 | £120,000 | 16 UNION ROAD |
| 18 Nov 2022 | £146,229 | £148,000 | 38 STANFORD STREET |
| 24 Jun 2022 | £124,256 | £122,500 | 86 NORWICH ROAD |
| 7 Apr 2022 | £177,125 | £172,000 | 18 ASHBY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Union Road |
| Jan 2024 | Other theft | Under investigation | On or near Union Road |
| Mar 2024 | Other theft | Under investigation | On or near Beckham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beckham Road |
| Jan 2024 | Other theft | Under investigation | On or near Beckham Road |