£213,505
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£160,000 | 7 Oct 2016 |
£116,750 | 30 Aug 2005 |
£114,995 | 30 Jan 2004 |
£60,000 | 1 Feb 2001 |
Semi-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 October 2016 the House Price Index for SUFFOLK was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £160,000 results in an estimated price of approximately £213,505.
7 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £160,000 | £53,505 | £213,505 |
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 | 22.676 % | £36,282 | £196,282 |
3 Month Average | 19.663 % | £31,460 | £191,460 |
6 Month Average | 17.571 % | £28,113 | £188,113 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £226,971 | £225,000 | 1 FRAMPTON ROAD |
24 Nov 2023 | £194,949 | £190,000 | 12 QUEENSBERRY ROAD |
23 Aug 2023 | £197,054 | £193,500 | 3 NIGHTINGALE ROAD |
23 Jun 2023 | £224,499 | £220,000 | 8 NIGHTINGALE SQUARE |
27 Jan 2023 | £250,670 | £250,000 | 16 NIGHTINGALE ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 30 Jun 2016. Using an estimated price of £213,506 means this house is valued at £2,572 per sq meter (£238 per sq foot).
The average size of a house on CLAPGATE LANE is 93 sq meters (1,005 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensberry Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensberry Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensberry Road |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queensberry Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queensberry Road |