£187,423
This estimated value is based upon the latest sale price for the house of £168,000 on 20 Aug 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£168,000 | 20 Aug 2021 |
£119,950 | 17 Jun 2010 |
£47,500 | 4 Jun 1999 |
£40,500 | 30 Aug 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 532 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 2021 the House Price Index for SUFFOLK was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £168,000 results in an estimated price of approximately £187,423.
20 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.6 | 11.562 % | £168,000 | £19,423 | £187,423 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -16.833 % | £-28,279 | £139,720 |
3 Month Average | -24.914 % | £-41,854 | £126,145 |
6 Month Average | -7.003 % | £-11,764 | £156,235 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jan 2023 | £622,070 | £625,000 | 3 WOODFORD GARDENS |
9 Sep 2022 | £446,395 | £450,000 | 77 FORNHAM ROAD |
10 Aug 2022 | £448,792 | £450,000 | 41 FORNHAM ROAD |
1 Jun 2022 | £415,877 | £410,000 | 67A FORNHAM ROAD |
9 Mar 2022 | £166,838 | £161,000 | 7 MERMAID CLOSE |
This house has a floor area of 49 sq meters or 532 sq feet when measured on 10 Dec 2009. Using an estimated price of £187,423 means this house is valued at £3,786 per sq meter (£351 per sq foot).
The average size of a house on MERMAID CLOSE is 59 sq meters (643 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (532 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Fornham Road | |
Mar 2024 | Anti-social behaviour | On or near Fornham Road | |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Riverside Court |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Riverside Court |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Avenue Approach |