£218,899
This estimated value is based upon the latest sale price for the house of £183,000 on 15 Sep 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £183,000 | 15 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 September 2020 the House Price Index for SUFFOLK was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £183,000 results in an estimated price of approximately £218,899.
| 15 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £183,000 | £35,899 | £218,899 |
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 | -0.211 % | £-386 | £182,613 |
| 3 Month Average | 0.018 % | £33 | £183,033 |
| 6 Month Average | 2.699 % | £4,939 | £187,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £327,213 | £320,000 | 294 FELIXSTOWE ROAD |
| 23 Sep 2022 | £269,820 | £270,000 | 31A KING EDWARD ROAD |
| 18 Feb 2022 | £188,578 | £178,500 | 265 FELIXSTOWE ROAD |
| 22 Dec 2021 | £329,189 | £305,000 | 5 KING EDWARD ROAD |
| 17 Dec 2021 | £269,827 | £250,000 | 258 FELIXSTOWE ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 14 Oct 2019. Using an estimated price of £218,899 means this house is valued at £2,379 per sq meter (£221 per sq foot).
The average size of a house on KING EDWARD ROAD is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hamilton Road |
| Jun 2024 | Anti-social behaviour | On or near Hamilton Road | |
| Jun 2024 | Anti-social behaviour | On or near Hamilton Road | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |