£87,431
This estimated value is based upon the latest sale price for the house of £38,000 on 22 Aug 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been two burglaries within the last year on or near Waterloo Road
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| Price Paid | Date |
|---|---|
| £38,000 | 22 Aug 2003 |
| £21,000 | 25 Mar 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 634 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 2003 the House Price Index for SUFFOLK was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £38,000 results in an estimated price of approximately £87,431.
| 22 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £38,000 | £49,431 | £87,431 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | 93.367 % | £35,479 | £73,479 |
| 3 Month Average | 114.002 % | £43,320 | £81,320 |
| 6 Month Average | 114.697 % | £43,584 | £81,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £80,706 | £80,000 | 20 CLIFTON ROAD |
| 31 Mar 2023 | £100,951 | £100,000 | FLAT 1 VICTORIA HOUSE ESPLANADE |
| 31 Mar 2023 | £100,951 | £100,000 | FLAT 4 VICTORIA HOUSE ESPLANADE |
| 31 Mar 2023 | £100,951 | £100,000 | FLAT 5 VICTORIA HOUSE ESPLANADE |
| 31 Mar 2023 | £100,951 | £100,000 | FLAT 6 VICTORIA HOUSE ESPLANADE |
This house has a floor area of 58 sq meters or 634 sq feet when measured on 4 May 2011. Using an estimated price of £87,431 means this house is valued at £1,483 per sq meter (£137 per sq foot).
The average size of a house on WATERLOO ROAD is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Waterloo Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Waterloo Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Waterloo Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Terrace |