£217,064
This estimated value is based upon the latest sale price for the house of £170,000 on 13 Sep 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£170,000 | 13 Sep 2017 |
£106,000 | 10 Jul 2009 |
£53,000 | 12 Apr 2001 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 808 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 2017 the House Price Index for SUFFOLK was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £170,000 results in an estimated price of approximately £217,064.
13 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £170,000 | £47,064 | £217,064 |
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 | 20.122 % | £34,207 | £204,207 |
3 Month Average | 18.087 % | £30,748 | £200,748 |
6 Month Average | 16.485 % | £28,024 | £198,024 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2023 | £138,592 | £136,000 | 92 SILOAM PLACE |
13 Apr 2023 | £366,862 | £360,000 | 7 HOLYWELLS CLOSE |
12 Apr 2023 | £105,982 | £104,000 | 98 SILOAM PLACE |
6 Apr 2023 | £240,498 | £236,000 | 22 BISHOPS HILL |
22 Mar 2023 | £111,868 | £110,000 | 11 MYRTLE ROAD |
This house has a floor area of 75 sq meters or 808 sq feet when measured on 17 Feb 2012. Using an estimated price of £217,064 means this house is valued at £2,891 per sq meter (£268 per sq foot).
The average size of a house on MYRTLE ROAD is 73 sq meters (794 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Road |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Myrtle Road |
Jun 2024 | Other theft | Under investigation | On or near A1156 |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A1156 |
May 2024 | Public order | Investigation complete; no suspect identified | On or near A1156 |