£150,856
This estimated value is based upon the latest sale price for the house of £120,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £120,000 | 8 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2017 the House Price Index for SUFFOLK was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £120,000 results in an estimated price of approximately £150,856.
| 8 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £120,000 | £30,856 | £150,856 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 49.374 % | £59,249 | £179,249 |
| 3 Month Average | 12.895 % | £15,473 | £135,473 |
| 6 Month Average | 16.038 % | £19,245 | £139,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £314,229 | £310,000 | 21 NORMAN CRESCENT |
| 2 Jun 2023 | £313,801 | £310,000 | 5 NORMAN CRESCENT |
| 4 Apr 2023 | £192,068 | £190,000 | 272 NACTON ROAD |
| 11 Aug 2022 | £120,177 | £120,500 | 15 HENSTEAD GARDENS |
| 20 Jun 2022 | £254,598 | £251,000 | 15 NORMAN CRESCENT |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 20 Jun 2017. Using an estimated price of £150,857 means this house is valued at £1,695 per sq meter (£157 per sq foot).
The average size of a house on NACTON ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laud Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Laud Mews |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laud Mews |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Laud Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Laud Mews |