£540,770
This estimated value is based upon the latest sale price for the house of £437,500 on 16 Sep 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£437,500 | 16 Sep 2019 |
Detached |
Freehold |
Floor Area: 202 sq meters or 2,174 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 September 2019 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £437,500 results in an estimated price of approximately £540,770.
16 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £437,500 | £103,270 | £540,770 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 30.659 % | £134,131 | £571,631 |
3 Month Average | -3.139 % | £-13,735 | £423,764 |
6 Month Average | -1.006 % | £-4,402 | £433,097 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £226,971 | £225,000 | 41 LINDISFARNE ROAD |
20 Oct 2023 | £434,877 | £425,000 | 14 FOUNTAINS ROAD |
10 Mar 2023 | £264,416 | £260,000 | 55 LINDISFARNE ROAD |
15 Jul 2022 | £255,561 | £253,000 | 62 LINDISFARNE ROAD |
17 Jun 2022 | £286,116 | £280,000 | 9 THORNTON ROAD |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 27 Jan 2017. Using an estimated price of £540,770 means this house is valued at £2,677 per sq meter (£248 per sq foot).
The average size of a house on FOUNTAINS ROAD is 258 sq meters (2,782 sq feet).
This house is the largest in the street with a floor area of 202 sq meters (2,174 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fountains Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Fountains Road |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Fountains Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindisfarne Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bristol Road |