£503,602
This estimated value is based upon the latest sale price for the house of £290,000 on 30 Jun 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £290,000 | 30 Jun 2006 |
| £273,000 | 16 Feb 2005 |
| £273,000 | 18 Dec 2003 |
| £117,500 | 20 May 1998 |
| £91,500 | 19 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 June 2006 the House Price Index for SUFFOLK was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £290,000 results in an estimated price of approximately £503,602.
| 30 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £290,000 | £213,602 | £503,602 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 54.977 % | £159,432 | £449,432 |
| 3 Month Average | 55.517 % | £160,998 | £450,998 |
| 6 Month Average | 64.013 % | £185,638 | £475,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £159,649 | £157,500 | 101 CANNON STREET |
| 1 Jun 2022 | £228,225 | £225,000 | 11 SHORT BRACKLAND |
| 14 Apr 2022 | £288,344 | £280,000 | 116A CANNON STREET |
| 22 Mar 2022 | £186,527 | £180,000 | 18 ST JOHNS STREET |
| 25 Jan 2022 | £694,589 | £660,000 | 70 ST JOHNS STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 21 Dec 2016. Using an estimated price of £503,602 means this house is valued at £4,028 per sq meter (£374 per sq foot).
The average size of a house on ORCHARD STREET is 156 sq meters (1,681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near St John'S Street |
| Mar 2024 | Other theft | Awaiting court outcome | On or near St John'S Street |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near St John'S Street |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lawsons Yard |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lawsons Yard |