£458,244
This estimated value is based upon the latest sale price for the house of £287,000 on 19 Mar 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £287,000 | 19 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 2007 the House Price Index for SUFFOLK was 91.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 59.667%.Applying this 59.667% change to the original purchase price of £287,000 results in an estimated price of approximately £458,244.
| 19 Mar 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 146.7 | 59.667 % | £287,000 | £171,244 | £458,244 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 37.301 % | £107,052 | £394,052 |
| 3 Month Average | 47.004 % | £134,900 | £421,900 |
| 6 Month Average | 52.377 % | £150,322 | £437,322 |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 20 Feb 2017.
The average size of a house on NORWICH ROAD is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kelvin Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kelvin Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Rayleigh Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rayleigh Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Rayleigh Road |