£410,500
This estimated value is based upon the latest sale price for the house of £330,000 on 6 Jun 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £330,000 | 6 Jun 2018 |
| £186,000 | 4 Sep 2003 |
| £82,000 | 28 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2018 the House Price Index for SUFFOLK was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £330,000 results in an estimated price of approximately £410,500.
| 6 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £330,000 | £80,500 | £410,500 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 19.220 % | £63,424 | £393,424 |
| 3 Month Average | 22.867 % | £75,459 | £405,459 |
| 6 Month Average | 21.913 % | £72,312 | £402,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £220,673 | £218,000 | 2 TAUNTON ROAD |
| 11 Apr 2022 | £463,410 | £450,000 | 46 FAIRFIELD AVENUE |
| 17 Dec 2021 | £294,629 | £275,000 | 12 GROVE MEWS |
| 24 Nov 2021 | £448,828 | £415,000 | 31 GLENFIELD AVENUE |
| 6 Sep 2021 | £285,562 | £265,000 | 3 GROVE MEWS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Apr 2018. Using an estimated price of £410,501 means this house is valued at £4,945 per sq meter (£459 per sq foot).
The average size of a house on SPRINGFIELD AVENUE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Under investigation | On or near Grove Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plymouth Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Plymouth Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Plymouth Road |