£278,228
This estimated value is based upon the latest sale price for the house of £165,000 on 28 Mar 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£165,000 | 28 Mar 2013 |
£131,000 | 2 Dec 2002 |
£90,000 | 24 May 2001 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 March 2013 the House Price Index for SUFFOLK was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £165,000 results in an estimated price of approximately £278,228.
28 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.623 % | £165,000 | £113,228 | £278,228 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 71.493 % | £117,963 | £282,963 |
3 Month Average | 54.830 % | £90,468 | £255,468 |
6 Month Average | 49.568 % | £81,786 | £246,786 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £235,228 | £228,000 | 241 BRITANNIA ROAD |
29 Aug 2023 | £269,867 | £265,000 | 38 REGINA CLOSE |
24 Mar 2023 | £315,265 | £310,000 | 12 ROY AVENUE |
6 Jan 2023 | £230,616 | £230,000 | 227 BRITANNIA ROAD |
1 Apr 2022 | £228,233 | £220,000 | 268 BRITANNIA ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 12 Jul 2012. Using an estimated price of £278,228 means this house is valued at £3,434 per sq meter (£319 per sq foot).
The average size of a house on ROY AVENUE is 98 sq meters (1,058 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Roy Avenue |
Jul 2024 | Anti-social behaviour | On or near Roy Avenue | |
Jul 2024 | Public order | Under investigation | On or near Roy Avenue |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Roy Avenue |
May 2024 | Violence and sexual offences | Under investigation | On or near Roy Avenue |