£285,018
This estimated value is based upon the latest sale price for the house of £212,500 on 4 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £212,500 | 4 Aug 2016 |
| £79,500 | 28 May 1999 |
| £59,000 | 31 Jan 1997 |
| £59,025 | 5 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £212,500 results in an estimated price of approximately £285,018.
| 4 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £212,500 | £72,518 | £285,018 |
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 | 13.595 % | £28,890 | £241,390 |
| 3 Month Average | 22.442 % | £47,688 | £260,188 |
| 6 Month Average | 20.367 % | £43,279 | £255,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £327,213 | £320,000 | 294 FELIXSTOWE ROAD |
| 17 Dec 2021 | £269,827 | £250,000 | 258 FELIXSTOWE ROAD |
| 25 Jun 2021 | £329,664 | £305,000 | 14 HAMILTON ROAD |
| 22 Jun 2021 | £243,195 | £225,000 | 31 MALVERN CLOSE |
| 14 Jun 2021 | £362,090 | £335,000 | 319 FELIXSTOWE ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 18 Apr 2016. Using an estimated price of £285,018 means this house is valued at £3,000 per sq meter (£278 per sq foot).
The average size of a house on FELIXSTOWE ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malvern Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malvern Close |
| May 2024 | Anti-social behaviour | On or near Malvern Close | |
| May 2024 | Anti-social behaviour | On or near Malvern Close | |
| May 2024 | Anti-social behaviour | On or near Malvern Close |