£458,712
This estimated value is based upon the latest sale price for the house of £249,500 on 18 Jul 2005. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£249,500 | 18 Jul 2005 |
Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 July 2005 the House Price Index for SUFFOLK was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £249,500 results in an estimated price of approximately £458,712.
18 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 83.853 % | £249,500 | £209,212 | £458,712 |
The Postcode Pricing Model uses changes in average sales price within the IP16 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 | 17.329 % | £43,236 | £292,736 |
3 Month Average | 45.660 % | £113,922 | £363,422 |
6 Month Average | 63.599 % | £158,680 | £408,180 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £295,000 | £295,000 | 6 ST MARGARETS CRESCENT |
20 Nov 2023 | £176,615 | £174,000 | 110 WATERLOO AVENUE |
9 Nov 2023 | £263,907 | £260,000 | 71 WATERLOO AVENUE |
11 Aug 2023 | £204,792 | £203,000 | 106 WATERLOO AVENUE |
30 Jun 2023 | £265,719 | £262,500 | 1 THE GABLES |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 21 Mar 2016. Using an estimated price of £458,713 means this house is valued at £3,141 per sq meter (£291 per sq foot).
The average size of a house on THE GABLES is 121 sq meters (1,308 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Mar 2024 | Violence and sexual offences | Under investigation | On or near B1119 |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1119 |
Mar 2024 | Other theft | Under investigation | On or near King Edward Road |
Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near King Edward Road |