£245,637
This estimated value is based upon the latest sale price for the house of £145,000 on 7 Jul 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £145,000 | 7 Jul 2010 |
| £116,000 | 28 Oct 2009 |
| £105,000 | 10 Oct 2003 |
| £51,000 | 18 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 July 2010 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 69.405%.Applying this 69.405% change to the original purchase price of £145,000 results in an estimated price of approximately £245,637.
| 7 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £145,000 | £100,637 | £245,637 |
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 | 120.800 % | £175,160 | £320,160 |
| 3 Month Average | 88.671 % | £128,573 | £273,573 |
| 6 Month Average | 70.239 % | £101,846 | £246,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £203,005 | £200,000 | 34 GROVE LANE |
| 1 Nov 2023 | £200,975 | £198,000 | 182 BACK HAMLET |
| 29 Sep 2023 | £243,108 | £240,000 | 76 GROVE LANE |
| 30 Jun 2023 | £222,698 | £220,000 | 66 DEVONSHIRE ROAD |
| 22 Mar 2023 | £161,522 | £160,000 | 80 GLADSTONE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 18 Jun 2012. Using an estimated price of £245,637 means this house is valued at £2,729 per sq meter (£253 per sq foot).
The average size of a house on BACK HAMLET is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devonshire Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Devonshire Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devonshire Road |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Gladstone Road |
| Mar 2024 | Theft from the person | Unable to prosecute suspect | On or near Gladstone Road |