£407,682
This estimated value is based upon the latest sale price for the house of £248,000 on 20 Sep 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £248,000 | 20 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 September 2013 the House Price Index for SUFFOLK was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £248,000 results in an estimated price of approximately £407,682.
| 20 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £248,000 | £159,682 | £407,682 |
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 | 37.886 % | £93,957 | £341,957 |
| 3 Month Average | 32.515 % | £80,637 | £328,637 |
| 6 Month Average | 39.722 % | £98,511 | £346,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £250,000 | £250,000 | 46 EASTGATE STREET |
| 14 Jul 2023 | £253,411 | £250,000 | 21 BARN LANE |
| 7 Jul 2023 | £81,598 | £80,500 | FLAT 8 EASTGATE HOUSE, 118 EASTGATE STREET |
| 19 Jun 2023 | £222,698 | £220,000 | 20 BARN LANE |
| 13 Jun 2023 | £100,214 | £99,000 | FLAT 25 EASTGATE HOUSE, 118 EASTGATE STREET |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 10 Sep 2013. Using an estimated price of £407,683 means this house is valued at £3,425 per sq meter (£318 per sq foot).
The average size of a house on ABBEYFIELDS is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barn Lane |