£347,182
This estimated value is based upon the latest sale price for the house of £159,450 on 2 Dec 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£159,450 | 2 Dec 2003 |
Terraced |
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 December 2003 the House Price Index for SUFFOLK was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £159,450 results in an estimated price of approximately £347,182.
2 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £159,450 | £187,732 | £347,182 |
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 | 96.787 % | £154,326 | £313,776 |
3 Month Average | 93.346 % | £148,839 | £308,289 |
6 Month Average | 96.525 % | £153,909 | £313,359 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £245,000 | £245,000 | 32 RAINGATE STREET |
18 Dec 2023 | £239,185 | £235,000 | 7 TOPER LANE |
14 Dec 2023 | £661,575 | £650,000 | RED COTTAGE PRUSSIA LANE |
10 Jul 2023 | £1,773,874 | £1,750,000 | 6 ST MARYS SQUARE |
23 Jun 2023 | £286,470 | £283,000 | 17 SOUTHGATE STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 6 Dec 2017. Using an estimated price of £347,182 means this house is valued at £3,990 per sq meter (£370 per sq foot).
The average size of a house on SOUTHGATE STREET is 86 sq meters (928 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hospital |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Toper Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baker'S Lane |
Mar 2024 | Anti-social behaviour | On or near Raingate Street | |
Mar 2024 | Anti-social behaviour | On or near Raingate Street |