£685,333
This estimated value is based upon the latest sale price for the house of £550,000 on 8 Aug 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£550,000 | 8 Aug 2018 |
£404,950 | 4 Apr 2014 |
£330,000 | 6 Dec 2010 |
£132,500 | 9 Feb 1996 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,311 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 August 2018 the House Price Index for SUFFOLK was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £550,000 results in an estimated price of approximately £685,333.
8 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £550,000 | £135,333 | £685,333 |
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 | -20.517 % | £-112,841 | £437,158 |
3 Month Average | -19.022 % | £-104,619 | £445,380 |
6 Month Average | -9.023 % | £-49,626 | £500,373 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £150,629 | £146,000 | 4 BEECH RISE |
14 Apr 2023 | £208,907 | £205,000 | 25 STEWARD ROAD |
28 Feb 2023 | £147,989 | £147,000 | 32 STEWARD ROAD |
13 Feb 2023 | £243,879 | £242,250 | 17 BRIGHT CLOSE |
3 Feb 2023 | £332,219 | £330,000 | 10 GRINDLE GARDENS |
This house has a floor area of 121 sq meters or 1,311 sq feet when measured on 11 Oct 2010. Using an estimated price of £685,333 means this house is valued at £5,626 per sq meter (£522 per sq foot).
The average size of a house on HARDWICK LANE is 155 sq meters (1,670 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Under investigation | On or near Laundry Lane |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Beech Rise |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beech Rise |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Chichester Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bright Close |