£115,027
This estimated value is based upon the latest sale price for the house of £72,640 on 3 Feb 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £72,640 | 3 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 913 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 February 2014 the House Price Index for SUFFOLK was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £72,640 results in an estimated price of approximately £115,027.
| 3 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £72,640 | £42,387 | £115,027 |
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 | 90.953 % | £66,067 | £138,707 |
| 3 Month Average | 78.984 % | £57,374 | £130,014 |
| 6 Month Average | 58.029 % | £42,152 | £114,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £218,649 | £216,000 | 21 FRANKLIN ROAD |
| 13 Apr 2023 | £141,524 | £140,000 | 47A QUEENS WAY |
| 14 Mar 2023 | £189,283 | £187,500 | 19 KINGS WAY |
| 1 Feb 2023 | £244,236 | £244,400 | 9 SHACKLETON ROAD |
| 20 Jan 2023 | £94,555 | £95,000 | 56A QUEENS WAY |
This house has a floor area of 84 sq meters or 913 sq feet when measured on 5 Oct 2011. Using an estimated price of £115,027 means this house is valued at £1,355 per sq meter (£125 per sq foot).
The average size of a house on FRANKLIN ROAD is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Collingwood Avenue |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Collingwood Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Collingwood Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Franklin Road |
| Apr 2024 | Anti-social behaviour | On or near Franklin Road |