£317,680
This estimated value is based upon the latest sale price for the house of £86,500 on 26 Sep 2000. 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 Worcester Road
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| Price Paid | Date |
|---|---|
| £86,500 | 26 Sep 2000 |
| Terraced |
| 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 September 2000 the House Price Index for SUFFOLK was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £86,500 results in an estimated price of approximately £317,680.
| 26 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £86,500 | £231,180 | £317,680 |
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 | 316.517 % | £273,786 | £360,286 |
| 3 Month Average | 212.885 % | £184,145 | £270,645 |
| 6 Month Average | 220.254 % | £190,519 | £277,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £222,698 | £220,000 | 8 NIGHTINGALE SQUARE |
| 30 Mar 2023 | £224,111 | £222,000 | 3 WORCESTER ROAD |
| 28 Feb 2023 | £244,835 | £245,000 | 63 WORCESTER ROAD |
| 25 Nov 2022 | £256,888 | £260,000 | 297 CLAPGATE LANE |
| 10 Nov 2022 | £237,128 | £240,000 | 1 MUNNINGS CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Sep 2013. Using an estimated price of £317,681 means this house is valued at £3,651 per sq meter (£339 per sq foot).
The average size of a house on WORCESTER ROAD is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Awaiting court outcome | On or near Worcester Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Worcester Road |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Coleness Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nightingale Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nightingale Square |