£266,611
This estimated value is based upon the latest sale price for the house of £53,000 on 26 Sep 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £53,000 | 26 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 1997 the House Price Index for SUFFOLK was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £53,000 results in an estimated price of approximately £266,611.
| 26 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £53,000 | £213,611 | £266,611 |
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 | 392.162 % | £207,845 | £260,845 |
| 3 Month Average | 360.248 % | £190,931 | £243,931 |
| 6 Month Average | 357.459 % | £189,453 | £242,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2023 | £139,835 | £137,500 | 7 HULVER COURT BENACRE ROAD |
| 17 Feb 2023 | £322,152 | £320,000 | 44 GLOUCESTER ROAD |
| 8 Jul 2022 | £282,834 | £280,000 | 14 BERNARD CRESCENT |
| 27 Jan 2022 | £154,789 | £146,000 | 36 BERNARD CRESCENT |
| 21 Dec 2021 | £323,792 | £300,000 | 4 CLARENCE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 27 Feb 2019. Using an estimated price of £266,612 means this house is valued at £3,755 per sq meter (£348 per sq foot).
The average size of a house on GLOUCESTER ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Gloucester Road |
| Jul 2024 | Other theft | Under investigation | On or near Bernard Crescent |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bernard Crescent |
| May 2024 | Public order | Unable to prosecute suspect | On or near Bernard Crescent |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bernard Crescent |