£220,463
This estimated value is based upon the latest sale price for the house of £39,000 on 24 Apr 1995. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£39,000 | 24 Apr 1995 |
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 April 1995 the House Price Index for SUFFOLK was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £39,000 results in an estimated price of approximately £220,463.
24 Apr 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 465.290 % | £39,000 | £181,463 | £220,463 |
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 | 435.115 % | £169,694 | £208,694 |
3 Month Average | 396.574 % | £154,663 | £193,663 |
6 Month Average | 456.186 % | £177,912 | £216,912 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £380,000 | £380,000 | 11 WOODSIDE CLOSE |
12 Mar 2024 | £385,929 | £380,000 | 15 TOWNLANE ROAD |
2 Oct 2023 | £168,835 | £165,000 | 32 BANKS WALK |
29 Sep 2023 | £245,410 | £240,000 | 8 HICKLING DRIVE |
14 Apr 2023 | £239,479 | £235,000 | 42 CAIE WALK |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 18 Feb 2013. Using an estimated price of £220,463 means this house is valued at £2,534 per sq meter (£235 per sq foot).
The average size of a house on MAYFIELD ROAD is 98 sq meters (1,055 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Under investigation | On or near Redwing Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwing Road |
May 2024 | Public order | Local resolution | On or near Redwing Road |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Robin Road |
May 2024 | Other theft | Unable to prosecute suspect | On or near Robin Road |