£53,218
This estimated value is based upon the latest sale price for the house of £22,000 on 6 Feb 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Melbourne Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £22,000 | 6 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 February 2003 the House Price Index for SUFFOLK was 60.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 141.902%.Applying this 141.902% change to the original purchase price of £22,000 results in an estimated price of approximately £53,218.
| 6 Feb 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 146.7 | 141.902 % | £22,000 | £31,218 | £53,218 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 225.583 % | £49,628 | £71,628 |
| 3 Month Average | 151.416 % | £33,311 | £55,311 |
| 6 Month Average | 142.557 % | £31,362 | £53,362 |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 4 Jul 2014.
The average size of a house on MELBOURNE ROAD is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Melbourne Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Melbourne Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Melbourne Road |
| Dec 2023 | Possession of weapons | Under investigation | On or near Melbourne Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Melbourne Road |