£429,890
This estimated value is based upon the latest sale price for the house of £345,000 on 16 Aug 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£345,000 | 16 Aug 2018 |
£204,995 | 10 Oct 2003 |
£122,000 | 5 Jul 2002 |
Detached |
Freehold |
Floor Area: 154 sq meters or 1,657 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 August 2018 the House Price Index for SUFFOLK was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £345,000 results in an estimated price of approximately £429,890.
16 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £345,000 | £84,890 | £429,890 |
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 | 11.043 % | £38,097 | £383,097 |
3 Month Average | 17.061 % | £58,861 | £403,861 |
6 Month Average | 16.118 % | £55,607 | £400,607 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £277,032 | £270,000 | 77 CHILTON ROAD |
20 Oct 2023 | £255,810 | £250,000 | 66 PRINCETHORPE ROAD |
9 Jun 2023 | £306,135 | £300,000 | 36 PRINCETHORPE ROAD |
10 Feb 2023 | £322,152 | £320,000 | 27 PRINCETHORPE ROAD |
11 Nov 2022 | £348,371 | £350,000 | 42 BIXLEY ROAD |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 12 Aug 2017. Using an estimated price of £429,891 means this house is valued at £2,791 per sq meter (£259 per sq foot).
The average size of a house on PRINCETHORPE ROAD is 110 sq meters (1,190 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chilton Road |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ivan Blatny Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivan Blatny Close |
Jul 2024 | Anti-social behaviour | On or near Chaplains Gardens | |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Brightwell Close |