£362,611
This estimated value is based upon the latest sale price for the house of £262,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£262,000 | 18 Dec 2015 |
£155,000 | 10 Jul 2003 |
£95,000 | 6 Sep 2000 |
Semi-Detached |
Freehold |
Floor Area: 134 sq meters or 1,442 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 December 2015 the House Price Index for SUFFOLK was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £262,000 results in an estimated price of approximately £362,611.
18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £262,000 | £100,611 | £362,611 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 36.160 % | £94,739 | £356,739 |
3 Month Average | 26.769 % | £70,133 | £332,133 |
6 Month Average | 25.037 % | £65,597 | £327,597 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £191,348 | £188,000 | 125A SHETLAND CLOSE |
30 Nov 2023 | £634,392 | £625,000 | 34 SIDEGATE AVENUE |
29 Sep 2023 | £253,233 | £249,995 | 52 SHETLAND CLOSE |
10 Aug 2023 | £264,817 | £262,500 | 131 SHETLAND CLOSE |
4 Aug 2023 | £554,854 | £550,000 | 138 COLCHESTER ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 24 Apr 2015. Using an estimated price of £362,612 means this house is valued at £2,706 per sq meter (£251 per sq foot).
The average size of a house on COLCHESTER ROAD is 123 sq meters (1,332 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Shetland Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shetland Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sidegate Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orkney Road |