£268,647
This estimated value is based upon the latest sale price for the house of £185,000 on 25 Jun 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £185,000 | 25 Jun 2015 |
| £130,000 | 31 Mar 2005 |
| £117,500 | 13 Nov 2003 |
| £83,500 | 4 Oct 2001 |
| £44,000 | 14 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 598 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 June 2015 the House Price Index for SUFFOLK was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £185,000 results in an estimated price of approximately £268,647.
| 25 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £185,000 | £83,647 | £268,647 |
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 | 18.832 % | £34,838 | £219,838 |
| 3 Month Average | 24.369 % | £45,082 | £230,082 |
| 6 Month Average | 24.710 % | £45,713 | £230,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £179,922 | £177,500 | 34 BISHOPS ROAD |
| 7 Jul 2023 | £369,980 | £365,000 | FLAT 36 THE LANTERN TAYFEN ROAD |
| 7 Jul 2023 | £344,638 | £340,000 | FLAT 37 THE LANTERN TAYFEN ROAD |
| 7 Jul 2023 | £704,482 | £695,000 | FLAT 14 THE LANTERN TAYFEN ROAD |
| 7 Jul 2023 | £339,570 | £335,000 | FLAT 26 THE LANTERN TAYFEN ROAD |
This house has a floor area of 55 sq meters or 598 sq feet when measured on 21 Jul 2010. Using an estimated price of £268,648 means this house is valued at £4,834 per sq meter (£449 per sq foot).
The average size of a house on BISHOPS ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bishops Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bishops Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Trinity Mews |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Blomfield Street |