£525,516
This estimated value is based upon the latest sale price for the house of £310,000 on 22 Jan 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£310,000 | 22 Jan 2013 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 January 2013 the House Price Index for SUFFOLK was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £310,000 results in an estimated price of approximately £525,516.
22 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £310,000 | £215,516 | £525,516 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | -8.161 % | £-25,299 | £284,700 |
3 Month Average | 40.845 % | £126,618 | £436,618 |
6 Month Average | 49.303 % | £152,840 | £462,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £669,918 | £660,000 | 5 FIELD STILE ROAD |
30 Jun 2023 | £642,786 | £635,000 | MOUNT VIEW STATION ROAD |
12 Apr 2023 | £530,462 | £524,750 | 51 ST EDMUNDS ROAD |
2 Sep 2022 | £610,073 | £615,000 | 32 ST EDMUNDS ROAD |
23 Jun 2022 | £684,676 | £675,000 | 4A NORTH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 5 Dec 2013. Using an estimated price of £525,516 means this house is valued at £5,362 per sq meter (£498 per sq foot).
The average size of a house on PIER AVENUE is 122 sq meters (1,314 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near St Edmund'S Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Station Road |