£179,447
This estimated value is based upon the latest sale price for the house of £31,500 on 24 Oct 1995. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £31,500 | 24 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 795 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 October 1995 the House Price Index for SUFFOLK was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 469.674%.Applying this 469.674% change to the original purchase price of £31,500 results in an estimated price of approximately £179,447.
| 24 Oct 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.6 | 469.674 % | £31,500 | £147,947 | £179,447 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | 262.942 % | £82,826 | £114,326 |
| 3 Month Average | 347.237 % | £109,379 | £140,879 |
| 6 Month Average | 428.919 % | £135,109 | £166,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £201,071 | £198,500 | 45 ALBION STREET |
| 21 Jun 2023 | £182,207 | £180,000 | 4 PARK END |
| 1 Feb 2023 | £224,849 | £225,000 | 6 MILL ROAD |
| 27 Jan 2023 | £204,039 | £205,000 | 32 MILL ROAD |
| 30 Jun 2022 | £177,509 | £175,000 | 29 ALBION STREET |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 13 Oct 2010. Using an estimated price of £179,447 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on ALMA PLACE is 142 sq meters (1,532 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Alma Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park End |
| Apr 2024 | Public order | On or near Saxmundham (Station) | |
| Mar 2024 | Criminal damage and arson | On or near Saxmundham (Station) | |
| Mar 2024 | Criminal damage and arson | On or near Saxmundham (Station) |