£160,093
This estimated value is based upon the latest sale price for the house of £120,613 on 24 Nov 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£120,613 | 24 Nov 2016 |
£88,000 | 17 Jul 2013 |
£49,950 | 14 Sep 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 November 2016 the House Price Index for SUFFOLK was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £120,613 results in an estimated price of approximately £160,093.
24 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £120,613 | £39,480 | £160,093 |
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 | -5.906 % | £-7,123 | £113,489 |
3 Month Average | -7.244 % | £-8,736 | £111,876 |
6 Month Average | 7.406 % | £8,932 | £129,545 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £136,464 | £133,000 | FLAT 1 LARK HOUSE, 117 EASTGATE STREET |
23 Oct 2023 | £298,786 | £292,000 | 15 ST JAMES COURT THE VINEFIELDS |
15 Sep 2023 | £205,531 | £201,000 | 2 THE VINEFIELDS |
3 Aug 2023 | £88,598 | £87,000 | FLAT 16 EASTGATE HOUSE, 118 EASTGATE STREET |
13 Jun 2023 | £101,025 | £99,000 | FLAT 25 EASTGATE HOUSE, 118 EASTGATE STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 20 Feb 2013. Using an estimated price of £160,093 means this house is valued at £3,406 per sq meter (£316 per sq foot).
The average size of a house on EASTGATE STREET is 67 sq meters (729 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Broadway |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Broadway |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Broadway |
Jun 2024 | Theft from the person | Unable to prosecute suspect | On or near The Broadway |
Jun 2024 | Anti-social behaviour | On or near Minden Close |