£381,595
This estimated value is based upon the latest sale price for the house of £245,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 May 2014 |
| £78,000 | 28 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2014 the House Price Index for SUFFOLK was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £245,000 results in an estimated price of approximately £381,595.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £245,000 | £136,595 | £381,595 |
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 | 35.471 % | £86,903 | £331,903 |
| 3 Month Average | 33.898 % | £83,050 | £328,050 |
| 6 Month Average | 41.563 % | £101,829 | £346,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £204,648 | £200,000 | 23 RANSOME CRESCENT |
| 9 Jun 2023 | £239,806 | £235,000 | 326 FELIXSTOWE ROAD |
| 1 Apr 2022 | £280,104 | £270,000 | 324 FELIXSTOWE ROAD |
| 11 Mar 2022 | £307,960 | £295,000 | 23 LOCARNO ROAD |
| 24 Feb 2022 | £253,550 | £240,000 | 371 FELIXSTOWE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 18 Sep 2013. Using an estimated price of £381,596 means this house is valued at £4,239 per sq meter (£393 per sq foot).
The average size of a house on RANSOME ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Shackleton Square |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Badshah Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Badshah Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shackleton Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ascot Drive |