£427,479
This estimated value is based upon the latest sale price for the house of £290,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£290,000 | 6 Mar 2015 |
£202,500 | 30 Jan 2012 |
£170,000 | 19 Oct 2005 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 844 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 March 2015 the House Price Index for SUFFOLK was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £290,000 results in an estimated price of approximately £427,479.
6 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £290,000 | £137,479 | £427,479 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 69.291 % | £200,944 | £490,944 |
3 Month Average | 61.913 % | £179,547 | £469,547 |
6 Month Average | 62.361 % | £180,847 | £470,847 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £192,461 | £190,000 | 4 SUFFOLK PLACE |
26 Jul 2023 | £143,937 | £142,000 | 25 SUFFOLK PLACE |
12 Jul 2023 | £101,364 | £100,000 | 6 SUFFOLK PLACE |
10 Feb 2023 | £1,748,823 | £1,750,000 | CEDAR HOUSE THE GROVE |
8 Feb 2023 | £127,914 | £128,000 | 24 SUFFOLK PLACE |
This house has a floor area of 78 sq meters or 844 sq feet when measured on 26 Sep 2011. Using an estimated price of £427,480 means this house is valued at £5,451 per sq meter (£506 per sq foot).
The average size of a house on THOROUGHFARE is 99 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Orchard Gardens |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Gardens |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sutton Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sutton Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingsway |