£333,964
This estimated value is based upon the latest sale price for the house of £270,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £270,000 | 10 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 August 2018 the House Price Index for SUFFOLK was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £270,000 results in an estimated price of approximately £333,964.
| 10 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £270,000 | £63,964 | £333,964 |
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 | 7.260 % | £19,601 | £289,601 |
| 3 Month Average | -0.215 % | £-580 | £269,419 |
| 6 Month Average | 12.823 % | £34,621 | £304,621 |
| 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 100 sq meters or 1,076 sq feet when measured on 13 Mar 2018. Using an estimated price of £333,964 means this house is valued at £3,339 per sq meter (£310 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 | Anti-social behaviour | On or near Melrose Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Melrose Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Melrose Gardens |