£280,350
This estimated value is based upon the latest sale price for the house of £227,500 on 4 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £227,500 | 4 Oct 2018 |
| £147,000 | 28 Mar 2007 |
| £60,000 | 6 Oct 1999 |
| 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 October 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £227,500 results in an estimated price of approximately £280,350.
| 4 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £227,500 | £52,850 | £280,350 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -36.420 % | £-82,856 | £144,643 |
| 3 Month Average | -33.458 % | £-76,116 | £151,383 |
| 6 Month Average | -9.282 % | £-21,116 | £206,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £242,943 | £240,000 | 16 LANCASTER AVENUE |
| 12 Apr 2023 | £250,699 | £248,000 | 48 TOLLGATE LANE |
| 30 Jun 2022 | £253,584 | £250,000 | 22 TOLLGATE LANE |
| 13 May 2022 | £275,185 | £270,000 | 3 KLONDYKE |
| 8 Oct 2021 | £269,427 | £243,500 | 67 RAYNHAM ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Jun 2018. Using an estimated price of £280,350 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on KLONDYKE is 112 sq meters (1,215 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Klondyke |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Klondyke |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Klondyke |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Klondyke |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Klondyke |