£325,650
This estimated value is based upon the latest sale price for the house of £193,000 on 2 Mar 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £193,000 | 2 Mar 2012 |
| £235,000 | 16 May 2008 |
| £144,000 | 31 May 2002 |
| £12,000 | 11 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,405 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 2012 the House Price Index for SUFFOLK was 86.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.731%.Applying this 68.731% change to the original purchase price of £193,000 results in an estimated price of approximately £325,650.
| 2 Mar 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 146.7 | 68.731 % | £193,000 | £132,650 | £325,650 |
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 | 50.076 % | £96,647 | £289,647 |
| 3 Month Average | 58.093 % | £112,119 | £305,119 |
| 6 Month Average | 64.624 % | £124,724 | £317,724 |
This house has a floor area of 130 sq meters or 1,405 sq feet when measured on 10 Feb 2012.
The average size of a house on OLD NORWICH ROAD is 129 sq meters (1,395 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ballater Close |
| Mar 2024 | Drugs | Under investigation | On or near Ballater Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ballater Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Dec 2023 | Other theft | Action to be taken by another organisation | On or near Sports/Recreation Area |