£171,193
This estimated value is based upon the latest sale price for the house of £172,000 on 6 Jan 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£172,000 | 6 Jan 2023 |
£148,000 | 25 Apr 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORFOLK to estimate the market value.
When this house was purchased in January 2023 the House Price Index for NORFOLK was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £172,000 results in an estimated price of approximately £171,193.
6 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £172,000 | £-806 | £171,193 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 0.000 % | £0 | £172,000 |
3 Month Average | -13.668 % | £-23,508 | £148,491 |
6 Month Average | -12.593 % | £-21,660 | £150,339 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £303,885 | £300,000 | 32 GROVE AVENUE |
19 Jul 2023 | £111,501 | £110,000 | 8 DIAL HOUSE IPSWICH ROAD |
17 Mar 2023 | £211,997 | £210,000 | 13 DIAL HOUSE IPSWICH ROAD |
28 Feb 2023 | £249,832 | £250,000 | 24 LEICESTER HOUSE THOMAS WYATT CLOSE |
6 Jan 2023 | £171,194 | £172,000 | 4 FOUNTAIN COURT IPSWICH ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Sep 2020. Using an estimated price of £171,194 means this house is valued at £2,481 per sq meter (£230 per sq foot).
The average size of a house on IPSWICH ROAD is 94 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Grove Avenue |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Grove Avenue |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wood Street |
Feb 2024 | Burglary | Under investigation | On or near Wood Street |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Wood Street |