£213,154
This estimated value is based upon the latest sale price for the house of £45,995 on 6 Nov 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £45,995 | 6 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £45,995 results in an estimated price of approximately £213,154.
| 6 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £45,995 | £167,159 | £213,154 |
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 | 473.218 % | £217,656 | £263,651 |
| 3 Month Average | 411.920 % | £189,462 | £235,457 |
| 6 Month Average | 359.669 % | £165,429 | £211,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £225,336 | £222,000 | 47 MORLAND ROAD |
| 25 Aug 2023 | £252,206 | £250,000 | 69 TURNER ROAD |
| 7 Mar 2023 | £191,807 | £190,000 | 3 LEIGHTON SQUARE |
| 29 Apr 2022 | £211,109 | £205,000 | 83 FLETCHER ROAD |
| 20 Apr 2022 | £224,496 | £218,000 | 52 ROMNEY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Dec 2014. Using an estimated price of £213,155 means this house is valued at £2,698 per sq meter (£250 per sq foot).
The average size of a house on MORLAND ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lely Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lely Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lely Road |
| Jan 2024 | Drugs | Offender given a caution | On or near Lely Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lely Road |