£311,686
This estimated value is based upon the latest sale price for the house of £195,000 on 8 Jun 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£195,000 | 8 Jun 2007 |
£152,500 | 25 Mar 2004 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 June 2007 the House Price Index for SUFFOLK was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £195,000 results in an estimated price of approximately £311,686.
8 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 149.7 | 59.839 % | £195,000 | £116,686 | £311,686 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 132.048 % | £257,493 | £452,493 |
3 Month Average | 57.079 % | £111,304 | £306,304 |
6 Month Average | 28.178 % | £54,947 | £249,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £131,139 | £130,000 | 79 CLAY ROAD |
26 Apr 2024 | £221,927 | £220,000 | 75 CLAY ROAD |
18 Dec 2023 | £263,084 | £255,000 | 16 HUNTER ROAD |
4 Dec 2023 | £273,401 | £265,000 | 33 BEARD ROAD |
17 Aug 2023 | £234,224 | £230,000 | 30 HUNTER ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 22 Sep 2020. Using an estimated price of £311,686 means this house is valued at £3,710 per sq meter (£344 per sq foot).
The average size of a house on SUSSEX ROAD is 66 sq meters (713 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sussex Road |
Jul 2024 | Anti-social behaviour | On or near Sussex Road | |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sussex Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sussex Road |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sussex Road |