£217,469
This estimated value is based upon the latest sale price for the house of £169,000 on 12 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £169,000 | 12 May 2017 |
| £149,000 | 17 Oct 2014 |
| £162,000 | 19 Feb 2008 |
| £128,000 | 5 Jan 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 May 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £169,000 results in an estimated price of approximately £217,469.
| 12 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £169,000 | £48,469 | £217,469 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 64.198 % | £108,494 | £277,494 |
| 3 Month Average | 36.613 % | £61,875 | £230,875 |
| 6 Month Average | 23.534 % | £39,772 | £208,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £233,138 | £230,000 | 45 FARADAY ROAD |
| 6 Apr 2023 | £212,286 | £210,000 | 28 FARADAY ROAD |
| 7 Mar 2023 | £211,997 | £210,000 | 27 FARADAY ROAD |
| 27 Jul 2022 | £305,823 | £305,000 | 2 FARADAY ROAD |
| 21 Jan 2022 | £210,482 | £200,000 | 151 FOXHALL ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 14 Feb 2014. Using an estimated price of £217,470 means this house is valued at £2,338 per sq meter (£217 per sq foot).
The average size of a house on FOXHALL ROAD is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Faraday Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Faraday Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Faraday Road |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ruskin Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Ruskin Road |