£283,912
This estimated value is based upon the latest sale price for the house of £224,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£224,000 | 29 Sep 2017 |
£134,000 | 7 Sep 2006 |
£76,995 | 1 Dec 2000 |
£42,000 | 30 Aug 1996 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 September 2017 the House Price Index for SUFFOLK was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £224,000 results in an estimated price of approximately £283,912.
29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £224,000 | £59,912 | £283,912 |
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 | 49.301 % | £110,434 | £334,434 |
3 Month Average | 19.781 % | £44,310 | £268,310 |
6 Month Average | 20.558 % | £46,049 | £270,049 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £203,005 | £200,000 | 214 NACTON ROAD |
1 Sep 2023 | £227,914 | £225,000 | 287A NACTON ROAD |
28 Jul 2023 | £238,206 | £235,000 | 16 BEATRICE CLOSE |
14 Jul 2023 | £269,629 | £266,000 | 17 BEATRICE CLOSE |
12 Jun 2023 | £248,004 | £245,000 | 295 NACTON ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 2 Aug 2017. Using an estimated price of £283,912 means this house is valued at £2,703 per sq meter (£251 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 | Criminal damage and arson | Under investigation | On or near Murray Road |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Murray Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beatrice Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Beatrice Close |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beatrice Close |