£131,026
This estimated value is based upon the latest sale price for the house of £127,000 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£127,000 | 19 Dec 2023 |
£125,000 | 17 Jan 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 2023 the House Price Index for SUFFOLK was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £127,000 results in an estimated price of approximately £131,026.
19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £127,000 | £4,026 | £131,026 |
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 | 27.442 % | £34,851 | £161,851 |
3 Month Average | 2.598 % | £3,299 | £130,299 |
6 Month Average | -13.834 % | £-17,569 | £109,430 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £131,026 | £127,000 | 17 TYE ROAD |
14 Apr 2023 | £138,592 | £136,000 | 92 SILOAM PLACE |
11 Jan 2023 | £114,305 | £114,000 | 59 SILOAM PLACE |
18 Nov 2022 | £107,995 | £108,500 | 104 SILOAM PLACE |
31 Oct 2022 | £146,511 | £147,000 | 106 SILOAM PLACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Sep 2021. Using an estimated price of £131,026 means this house is valued at £2,183 per sq meter (£202 per sq foot).
The average size of a house on TYE ROAD is 69 sq meters (749 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Tye Road | |
Jun 2024 | Anti-social behaviour | On or near Tye Road | |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Tye Road |
May 2024 | Possession of weapons | Unable to prosecute suspect | On or near Tye Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hope Court |