£561,111
This estimated value is based upon the latest sale price for the house of £505,000 on 26 Aug 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £505,000 | 26 Aug 2021 |
| £230,000 | 7 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 August 2021 the House Price Index for SUFFOLK was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £505,000 results in an estimated price of approximately £561,111.
| 26 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £505,000 | £56,111 | £561,111 |
The Postcode Pricing Model uses changes in average sales price within the IP23 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 | 40.049 % | £202,245 | £707,245 |
| 3 Month Average | -12.732 % | £-64,294 | £440,705 |
| 6 Month Average | -17.441 % | £-88,077 | £416,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2022 | £600,565 | £575,000 | SWAN INN NORWICH ROAD |
| 17 Dec 2021 | £906,993 | £850,000 | CHEQUERS NORWICH ROAD |
| 17 Dec 2021 | £826,965 | £775,000 | THE BARN CHESTNUTS FARM LANGTON GREEN |
| 15 Dec 2021 | £405,479 | £380,000 | UNITS 5 TO 7 BROME INDUSTRIAL PARK AIRFIELD INDUSTRIAL ESTATE |
| 27 Aug 2021 | £350,000 | £315,000 | 7 LANGTON GREEN |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 26 Apr 2021. Using an estimated price of £561,111 means this house is valued at £5,009 per sq meter (£465 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rectory Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Road |
| Apr 2024 | Possession of weapons | Offender given a caution | On or near The Crossroads |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crossroads |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crossroads |