£19,833
This estimated value is based upon the latest sale price for the house of £15,500 on 9 Mar 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £15,500 | 9 Mar 2017 |
| £462,499 | 15 Jul 2016 |
| £96,000 | 3 Dec 1999 |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 March 2017 the House Price Index for SUFFOLK was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £15,500 results in an estimated price of approximately £19,833.
| 9 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £15,500 | £4,333 | £19,833 |
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 | -7.425 % | £-1,150 | £14,349 |
| 3 Month Average | 16.124 % | £2,499 | £17,999 |
| 6 Month Average | 31.788 % | £4,927 | £20,427 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 23 Mar 2016.
The average size of a house on BUNGAY ROAD is 491 sq meters (5,290 sq feet).
This house is the smallest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Pilgrims Way |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nelson Way |
| Mar 2024 | Anti-social behaviour | On or near Bungay Road | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Ringsfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ringsfield Road |