£296,572
This estimated value is based upon the latest sale price for the house of £63,995 on 6 Nov 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£63,995 | 6 Nov 1998 |
Semi-Detached |
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 November 1998 the House Price Index for SUFFOLK was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £63,995 results in an estimated price of approximately £296,572.
6 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.431 % | £63,995 | £232,577 | £296,572 |
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 | 470.398 % | £301,031 | £365,026 |
3 Month Average | 348.022 % | £222,716 | £286,711 |
6 Month Average | 347.530 % | £222,401 | £286,396 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Mar 2023 | £292,758 | £290,000 | 10 OULTON ROAD |
19 Aug 2022 | £279,248 | £280,000 | 12 WROXHAM ROAD |
29 Nov 2021 | £292,009 | £270,000 | 17 WROXHAM ROAD |
18 Oct 2021 | £309,814 | £280,000 | 91 OULTON ROAD |
4 Dec 2020 | £250,202 | £218,000 | 68 OULTON ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 30 Sep 2014. Using an estimated price of £296,572 means this house is valued at £3,408 per sq meter (£316 per sq foot).
The average size of a house on OULTON ROAD is 93 sq meters (1,004 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dereham Avenue |
Feb 2024 | Other theft | Under investigation | On or near Greenwich Close |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Greenwich Close |
Mar 2024 | Other crime | Under investigation | On or near Draymans Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Draymans Way |