£358,424
This estimated value is based upon the latest sale price for the house of £310,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £310,000 | 14 Dec 2020 |
| £295,000 | 23 May 2013 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 December 2020 the House Price Index for SUFFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £310,000 results in an estimated price of approximately £358,424.
| 14 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £310,000 | £48,424 | £358,424 |
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 | 2.447 % | £7,586 | £317,586 |
| 3 Month Average | -5.565 % | £-17,251 | £292,748 |
| 6 Month Average | -1.928 % | £-5,978 | £304,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £124,323 | £123,243 | 52 EASTGATE STREET |
| 6 Mar 2024 | £253,901 | £250,000 | 46 EASTGATE STREET |
| 19 Jun 2023 | £224,499 | £220,000 | 20 BARN LANE |
| 29 Mar 2023 | £213,567 | £210,000 | 6 BARN LANE |
| 3 Mar 2023 | £114,919 | £113,000 | FLAT 3 EASTGATE HOUSE, 118 EASTGATE STREET |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 23 Jan 2013. Using an estimated price of £358,425 means this house is valued at £2,757 per sq meter (£256 per sq foot).
The average size of a house on ABBEYFIELDS is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barn Lane |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barn Lane |