£270,758
This estimated value is based upon the latest sale price for the house of £193,000 on 17 Nov 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £193,000 | 17 Nov 2015 |
| £148,000 | 19 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2015 the House Price Index for SUFFOLK was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £193,000 results in an estimated price of approximately £270,758.
| 17 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £193,000 | £77,758 | £270,758 |
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 | 88.360 % | £170,534 | £363,534 |
| 3 Month Average | 40.903 % | £78,943 | £271,943 |
| 6 Month Average | 1.710 % | £3,300 | £196,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £236,000 | £236,000 | 4 WAVENEY ROAD |
| 27 Feb 2023 | £184,231 | £183,000 | 7 LAKE AVENUE |
| 30 Jan 2023 | £205,549 | £205,000 | 40 SEVERN ROAD |
| 26 May 2022 | £165,307 | £161,000 | 11 ANSELM AVENUE |
| 12 May 2022 | £247,446 | £241,000 | 33 SEVERN ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 18 Jul 2012. Using an estimated price of £270,758 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on WAVENEY ROAD is 124 sq meters (1,341 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Offender given a caution | On or near Waveney Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Anselm Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Anselm Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Anselm Avenue |
| Jul 2024 | Bicycle theft | Awaiting court outcome | On or near Anselm Avenue |