£231,805
This estimated value is based upon the latest sale price for the house of £175,000 on 26 Oct 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £175,000 | 26 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2016 the House Price Index for SUFFOLK was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £175,000 results in an estimated price of approximately £231,805.
| 26 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £175,000 | £56,805 | £231,805 |
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 | 53.230 % | £93,152 | £268,152 |
| 3 Month Average | 38.691 % | £67,708 | £242,708 |
| 6 Month Average | 24.982 % | £43,719 | £218,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £213,871 | £212,000 | 20 AVONDALE ROAD |
| 28 Jul 2023 | £314,229 | £310,000 | 21 NORMAN CRESCENT |
| 14 Jul 2023 | £269,629 | £266,000 | 17 BEATRICE CLOSE |
| 2 Jun 2023 | £313,801 | £310,000 | 5 NORMAN CRESCENT |
| 12 Aug 2022 | £169,544 | £170,000 | 11 BEATRICE CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 4 Jul 2016. Using an estimated price of £231,806 means this house is valued at £2,727 per sq meter (£253 per sq foot).
The average size of a house on AVONDALE ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Powling Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Powling Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Powling Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Powling Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Laud Mews |