£231,096
This estimated value is based upon the latest sale price for the house of £49,500 on 23 Nov 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£49,500 | 23 Nov 1998 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 1998 the House Price Index for SUFFOLK was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £49,500 results in an estimated price of approximately £231,096.
23 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.861 % | £49,500 | £181,596 | £231,096 |
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 | 525.437 % | £260,091 | £309,591 |
3 Month Average | 341.568 % | £169,076 | £218,576 |
6 Month Average | 245.388 % | £121,466 | £170,966 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £263,084 | £255,000 | 16 HUNTER ROAD |
12 Dec 2023 | £178,484 | £173,000 | 122 OAKES ROAD |
17 Aug 2023 | £234,224 | £230,000 | 30 HUNTER ROAD |
15 Feb 2023 | £219,466 | £218,000 | 128 OAKES ROAD |
3 Feb 2023 | £229,030 | £227,500 | 35 BOBY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Mar 2020. Using an estimated price of £231,096 means this house is valued at £2,656 per sq meter (£246 per sq foot).
The average size of a house on BOBY ROAD is 95 sq meters (1,029 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Boby Road |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Boby Road |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gorst Close |
May 2024 | Shoplifting | Awaiting court outcome | On or near Gorst Close |
May 2024 | Shoplifting | Awaiting court outcome | On or near Gorst Close |