£271,788
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Oct 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£220,000 | 23 Oct 2019 |
£126,000 | 6 Sep 2005 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 October 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £220,000 results in an estimated price of approximately £271,788.
23 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £220,000 | £51,788 | £271,788 |
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 | 3.646 % | £8,020 | £228,020 |
3 Month Average | -5.175 % | £-11,384 | £208,615 |
6 Month Average | 0.882 % | £1,940 | £221,940 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £210,000 | £210,000 | 14 WILLCOX AVENUE |
5 Dec 2023 | £257,926 | £250,000 | 16 OLIVER ROAD |
17 Oct 2023 | £340,739 | £333,000 | 38 WILLCOX AVENUE |
28 Feb 2023 | £242,621 | £241,000 | 1 TOMLINE WALK |
1 Aug 2022 | £238,113 | £237,000 | 28 OLIVER ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Jun 2019. Using an estimated price of £271,788 means this house is valued at £3,672 per sq meter (£341 per sq foot).
The average size of a house on HOOPER SQUARE is 103 sq meters (1,115 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Under investigation | On or near Hooper Square |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hooper Square |
May 2024 | Anti-social behaviour | On or near Hooper Square | |
May 2024 | Anti-social behaviour | On or near Hooper Square | |
May 2024 | Anti-social behaviour | On or near Hooper Square |