£389,365
This estimated value is based upon the latest sale price for the house of £265,000 on 7 Apr 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £265,000 | 7 Apr 2015 |
| £161,500 | 30 Sep 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,271 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 April 2015 the House Price Index for SUFFOLK was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £265,000 results in an estimated price of approximately £389,365.
| 7 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £265,000 | £124,365 | £389,365 |
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 | 43.332 % | £114,828 | £379,828 |
| 3 Month Average | 26.026 % | £68,969 | £333,969 |
| 6 Month Average | 28.854 % | £76,462 | £341,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £308,740 | £305,000 | 92 LEOPOLD ROAD |
| 20 Apr 2023 | £288,102 | £285,000 | 57 WESTBURY ROAD |
| 23 Jan 2023 | £236,386 | £237,500 | 41 RUSHBURY CLOSE |
| 22 Jul 2022 | £375,009 | £374,000 | 189 COLCHESTER ROAD |
| 30 Jun 2022 | £322,558 | £318,000 | 54 WESTBURY ROAD |
This house has a floor area of 118 sq meters or 1,271 sq feet when measured on 26 Mar 2009. Using an estimated price of £389,366 means this house is valued at £3,295 per sq meter (£306 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Rushbury Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leopold Gardens |
| Feb 2024 | Anti-social behaviour | On or near Melrose Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Melrose Gardens |