£421,508
This estimated value is based upon the latest sale price for the house of £81,000 on 23 May 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£81,000 | 23 May 1997 |
Terraced |
Freehold |
Floor Area: 122 sq meters or 1,321 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 May 1997 the House Price Index for SUFFOLK was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £81,000 results in an estimated price of approximately £421,508.
23 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 149.7 | 420.381 % | £81,000 | £340,508 | £421,508 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 362.184 % | £293,369 | £374,369 |
3 Month Average | 344.529 % | £279,068 | £360,068 |
6 Month Average | 403.047 % | £326,467 | £407,467 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £189,833 | £184,000 | 3 WINDMILL RISE |
16 Nov 2023 | £227,782 | £222,000 | 161 OUT WESTGATE |
15 Nov 2023 | £174,428 | £170,000 | 8 WINDMILL RISE |
13 Sep 2023 | £286,311 | £280,000 | 25 HOSPITAL ROAD |
25 Jul 2022 | £378,796 | £375,000 | 25 MILL ROAD |
This house has a floor area of 122 sq meters or 1,321 sq feet when measured on 31 Mar 2010. Using an estimated price of £421,509 means this house is valued at £3,434 per sq meter (£319 per sq foot).
The average size of a house on HOSPITAL ROAD is 105 sq meters (1,139 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Windmill Rise |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maundy Close |
Jul 2024 | Burglary | Under investigation | On or near Maundy Close |
Jul 2024 | Other theft | Under investigation | On or near Maundy Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Maundy Close |