£120,956
This estimated value is based upon the latest sale price for the house of £49,000 on 10 Feb 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£49,000 | 10 Feb 2003 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 February 2003 the House Price Index for SUFFOLK was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £49,000 results in an estimated price of approximately £120,956.
10 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 149.7 | 146.849 % | £49,000 | £71,956 | £120,956 |
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 | 128.596 % | £63,012 | £112,012 |
3 Month Average | 100.424 % | £49,207 | £98,207 |
6 Month Average | 119.618 % | £58,612 | £107,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £257,926 | £250,000 | 16 OLIVER ROAD |
23 Jun 2023 | £229,601 | £225,000 | 167 OLIVER ROAD |
28 Apr 2023 | £211,965 | £208,000 | 125 OLIVER ROAD |
28 Feb 2023 | £242,621 | £241,000 | 1 TOMLINE WALK |
27 Jan 2023 | £240,643 | £240,000 | 123 OLIVER ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 5 Sep 2013. Using an estimated price of £120,956 means this house is valued at £1,570 per sq meter (£145 per sq foot).
The average size of a house on OLIVER ROAD is 95 sq meters (1,023 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Road |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oliver Road |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Oliver Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Road |