£248,165
This estimated value is based upon the latest sale price for the house of £185,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £185,000 | 22 Jul 2016 |
| £136,000 | 16 May 2012 |
| £128,000 | 25 Feb 2005 |
| £112,500 | 2 May 2003 |
| £59,000 | 20 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 July 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £185,000 results in an estimated price of approximately £248,165.
| 22 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £185,000 | £63,165 | £248,165 |
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 | 69.221 % | £128,058 | £313,058 |
| 3 Month Average | 22.187 % | £41,045 | £226,045 |
| 6 Month Average | 3.052 % | £5,645 | £190,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £216,927 | £212,000 | 1 SUFFOLK ROAD |
| 13 Oct 2023 | £291,623 | £285,000 | 40 BALDWIN AVENUE |
| 6 Mar 2023 | £315,316 | £310,050 | 9 CUMBERLAND AVENUE |
| 23 Feb 2023 | £241,614 | £240,000 | 141 NORTHUMBERLAND AVENUE |
| 30 Jan 2023 | £205,549 | £205,000 | 40 SEVERN ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 12 Oct 2010. Using an estimated price of £248,165 means this house is valued at £4,595 per sq meter (£426 per sq foot).
The average size of a house on CUMBERLAND AVENUE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Avenue |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cumberland Avenue |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cumberland Avenue |
| May 2024 | Anti-social behaviour | On or near Cumberland Avenue | |
| May 2024 | Anti-social behaviour | On or near Cumberland Avenue |