£212,004
This estimated value is based upon the latest sale price for the house of £140,000 on 28 Aug 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£140,000 | 28 Aug 2014 |
£136,000 | 28 Mar 2007 |
£54,495 | 6 Aug 1999 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 August 2014 the House Price Index for SUFFOLK was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £140,000 results in an estimated price of approximately £212,004.
28 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £140,000 | £72,004 | £212,004 |
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 | 82.985 % | £116,178 | £256,178 |
3 Month Average | 59.591 % | £83,426 | £223,426 |
6 Month Average | 41.429 % | £58,001 | £198,001 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £222,698 | £220,000 | 66 DEVONSHIRE ROAD |
6 Apr 2023 | £238,569 | £236,000 | 22 BISHOPS HILL |
22 Mar 2023 | £111,046 | £110,000 | 11 MYRTLE ROAD |
10 Feb 2023 | £214,855 | £215,000 | 20 MITRE WAY |
29 Apr 2022 | £288,344 | £280,000 | 6 ELIZABETH COURT |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 6 May 2014. Using an estimated price of £212,005 means this house is valued at £3,719 per sq meter (£345 per sq foot).
The average size of a house on MITRE WAY is 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mitre Way |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near White Elm Street |
Mar 2024 | Drugs | Further investigation is not in the public interest | On or near Bishop'S Hill |
Apr 2024 | Violence and sexual offences | Under investigation | On or near A1156 |
Apr 2024 | Violence and sexual offences | Under investigation | On or near A1156 |