£167,640
This estimated value is based upon the latest sale price for the house of £132,000 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£132,000 | 24 Nov 2017 |
£132,000 | 21 Jan 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 664 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 November 2017 the House Price Index for SUFFOLK was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £132,000 results in an estimated price of approximately £167,640.
24 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £132,000 | £35,640 | £167,640 |
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 | 4.446 % | £5,868 | £137,868 |
3 Month Average | 8.926 % | £11,782 | £143,782 |
6 Month Average | 10.704 % | £14,129 | £146,129 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £131,026 | £127,000 | 17 TYE ROAD |
14 Apr 2023 | £138,592 | £136,000 | 92 SILOAM PLACE |
11 Jan 2023 | £114,305 | £114,000 | 59 SILOAM PLACE |
18 Nov 2022 | £107,995 | £108,500 | 104 SILOAM PLACE |
31 Oct 2022 | £146,511 | £147,000 | 106 SILOAM PLACE |
This house has a floor area of 61 sq meters or 664 sq feet when measured on 1 Feb 2011. Using an estimated price of £167,640 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on TYE ROAD is 69 sq meters (749 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Tye Road | |
Jun 2024 | Anti-social behaviour | On or near Tye Road | |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Tye Road |
May 2024 | Possession of weapons | Unable to prosecute suspect | On or near Tye Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hope Court |