£94,356
This estimated value is based upon the latest sale price for the house of £76,000 on 17 Jan 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£76,000 | 17 Jan 2018 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 January 2018 the House Price Index for SUFFOLK was 118.4.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 24.153%.Applying this 24.153% change to the original purchase price of £76,000 results in an estimated price of approximately £94,356.
17 Jan 2018 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 147.0 | 24.153 % | £76,000 | £18,356 | £94,356 |
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 | 40.018 % | £30,413 | £106,413 |
3 Month Average | 29.361 % | £22,314 | £98,314 |
6 Month Average | 26.942 % | £20,475 | £96,475 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £139,054 | £140,000 | 57 CAMBRIDGE ROAD |
4 Jul 2023 | £138,312 | £138,500 | 45 CAMBRIDGE ROAD |
26 May 2023 | £135,092 | £135,000 | 77 QUEENS ROAD |
14 Mar 2023 | £115,685 | £116,000 | 79 CAMBRIDGE ROAD |
26 Aug 2022 | £157,641 | £160,000 | 72 QUEENS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 29 Nov 2017. Using an estimated price of £94,356 means this house is valued at £1,179 per sq meter (£109 per sq foot).
The average size of a house on QUEENS ROAD is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2023 | Violence and sexual offences | Under investigation | On or near Queen'S Road |