£217,438
This estimated value is based upon the latest sale price for the house of £126,500 on 20 Jan 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £126,500 | 20 Jan 2012 |
| £62,500 | 9 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 447 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 January 2012 the House Price Index for SUFFOLK was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £126,500 results in an estimated price of approximately £217,438.
| 20 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £126,500 | £90,938 | £217,438 |
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 | 36.695 % | £46,419 | £172,919 |
| 3 Month Average | 51.455 % | £65,090 | £191,590 |
| 6 Month Average | 48.131 % | £60,886 | £187,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £345,109 | £340,000 | 38 KINGS ROAD |
| 24 Nov 2023 | £182,197 | £179,500 | 52 KINGS ROAD |
| 11 Aug 2023 | £206,809 | £205,000 | 16 YEOMANRY YARD |
| 7 Mar 2023 | £261,968 | £259,500 | 72 CHALK ROAD SOUTH |
| 15 Jun 2022 | £370,232 | £365,000 | 4 CASTLE ROAD |
This house has a floor area of 41 sq meters or 447 sq feet when measured on 21 Sep 2011. Using an estimated price of £217,438 means this house is valued at £5,226 per sq meter (£485 per sq foot).
The average size of a house on KINGS ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near King'S Road | |
| Jan 2024 | Anti-social behaviour | On or near King'S Road | |
| Jan 2024 | Anti-social behaviour | On or near King'S Road | |
| Jan 2024 | Anti-social behaviour | On or near King'S Road | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King'S Road |