£219,682
This estimated value is based upon the latest sale price for the house of £165,000 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 19 Aug 2016 |
| £50,000 | 10 Oct 2007 |
| £39,500 | 17 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £165,000 results in an estimated price of approximately £219,682.
| 19 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £165,000 | £54,682 | £219,682 |
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 | 16.414 % | £27,082 | £192,082 |
| 3 Month Average | 7.455 % | £12,300 | £177,300 |
| 6 Month Average | 29.171 % | £48,132 | £213,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £259,541 | £255,000 | 30 QUEENS ROAD |
| 6 Dec 2023 | £223,918 | £220,000 | 6 DENMARK ROAD |
| 8 Jun 2023 | £160,950 | £159,000 | 2 PIG LANE |
| 17 Apr 2023 | £128,888 | £127,500 | 15 CAXTON ROAD |
| 19 Aug 2022 | £207,442 | £208,000 | 60 DENMARK ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Jul 2016. Using an estimated price of £219,682 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on QUEENS ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Queen'S Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Pig Lane |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Pig Lane |
| Feb 2024 | Other theft | Under investigation | On or near Supermarket |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |