£686,697
This estimated value is based upon the latest sale price for the house of £650,000 on 24 Feb 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been three burglaries within the last year on or near Pier Avenue
More crime details
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Price Paid | Date |
---|---|
£650,000 | 24 Feb 2022 |
£275,000 | 26 Aug 2004 |
Detached |
Freehold |
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 2022 the House Price Index for SUFFOLK was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £650,000 results in an estimated price of approximately £686,697.
24 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £650,000 | £36,697 | £686,697 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 113.141 % | £735,416 | £1,385,416 |
3 Month Average | -17.199 % | £-111,792 | £538,207 |
6 Month Average | 0.229 % | £1,490 | £651,490 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £767,430 | £750,000 | 30 HOTSON ROAD |
27 Oct 2023 | £700,919 | £685,000 | 7 HOTSON ROAD |
18 Sep 2023 | £2,822,213 | £2,760,000 | 51 PIER AVENUE |
4 Aug 2023 | £828,470 | £813,528 | 49 PIER AVENUE |
12 Apr 2023 | £534,752 | £524,750 | 51 ST EDMUNDS ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Pier Avenue |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Pier Avenue |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Pier Avenue |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Pier Avenue |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near North Road |