£109,612
This estimated value is based upon the latest sale price for the house of £105,000 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £105,000 | 7 Mar 2022 |
| £115,000 | 21 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 March 2022 the House Price Index for SUFFOLK was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £105,000 results in an estimated price of approximately £109,612.
| 7 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £105,000 | £4,612 | £109,612 |
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 | -5.076 % | £-5,329 | £99,670 |
| 3 Month Average | 5.824 % | £6,115 | £111,115 |
| 6 Month Average | 5.309 % | £5,574 | £110,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2022 | £134,910 | £135,000 | FLAT 7 6 FORE HAMLET |
| 30 Aug 2022 | £134,127 | £133,500 | 85 POWNALL ROAD |
| 22 Jul 2022 | £107,578 | £106,500 | 18 FORE HAMLET |
| 15 Jun 2022 | £117,512 | £115,000 | 40 POWNALL ROAD |
| 29 Apr 2022 | £136,940 | £132,000 | FLAT 3 8 FORE HAMLET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 24 Apr 2020. Using an estimated price of £109,613 means this house is valued at £2,962 per sq meter (£275 per sq foot).
The average size of a house on FORE HAMLET is 62 sq meters (675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Fore Hamlet |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Isham Place |