£98,426
This estimated value is based upon the latest sale price for the house of £44,500 on 28 Nov 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£44,500 | 28 Nov 2003 |
£71,000 | 21 Oct 2002 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 588 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 2003 the House Price Index for SUFFOLK was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £44,500 results in an estimated price of approximately £98,426.
28 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 148.6 | 121.183 % | £44,500 | £53,926 | £98,426 |
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 | 162.475 % | £72,301 | £116,801 |
3 Month Average | 139.839 % | £62,228 | £106,728 |
6 Month Average | 109.538 % | £48,744 | £93,244 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £226,986 | £225,000 | 97 ALAN ROAD |
17 Aug 2023 | £216,897 | £215,000 | 277 CAVENDISH STREET |
28 Jun 2023 | £162,468 | £160,500 | 146 FOXHALL ROAD |
30 Mar 2023 | £169,598 | £168,000 | 266 CAVENDISH STREET |
7 Mar 2023 | £204,931 | £203,000 | 267 CAVENDISH STREET |
This house has a floor area of 54 sq meters or 588 sq feet when measured on 1 May 2009. Using an estimated price of £98,426 means this house is valued at £1,801 per sq meter (£167 per sq foot).
The average size of a house on CAVENDISH STREET is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Ruskin Road |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ruskin Road |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ruskin Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Ruskin Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Ruskin Road |