£308,238
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Jul 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 4 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2017 the House Price Index for SUFFOLK was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £240,000 results in an estimated price of approximately £308,238.
| 4 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £240,000 | £68,238 | £308,238 |
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 | -17.532 % | £-42,075 | £197,924 |
| 3 Month Average | -16.159 % | £-38,781 | £201,218 |
| 6 Month Average | -2.027 % | £-4,864 | £235,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £482,412 | £475,000 | FLAT 10 GOODFELLOWS, 139 KINGS ROAD |
| 24 Nov 2023 | £348,855 | £340,000 | 38 KINGS ROAD |
| 11 Aug 2023 | £208,765 | £205,000 | 16 YEOMANRY YARD |
| 17 Mar 2023 | £183,057 | £180,000 | 20 KINGS ROAD |
| 8 Mar 2023 | £214,075 | £210,500 | 150 KINGS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Mar 2017. Using an estimated price of £308,238 means this house is valued at £3,852 per sq meter (£357 per sq foot).
The average size of a house on KINGS ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near A1302 |
| May 2024 | Shoplifting | Unable to prosecute suspect | On or near A1302 |
| Jul 2024 | Shoplifting | Under investigation | On or near Prospect Row |
| Jun 2024 | Shoplifting | Awaiting court outcome | On or near Prospect Row |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Prospect Row |