£204,379
This estimated value is based upon the latest sale price for the house of £143,000 on 10 Aug 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£143,000 | 10 Aug 2015 |
£112,500 | 9 Sep 2011 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 2015 the House Price Index for SUFFOLK was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £143,000 results in an estimated price of approximately £204,379.
10 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £143,000 | £61,379 | £204,379 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 28.490 % | £40,740 | £183,740 |
3 Month Average | 32.941 % | £47,105 | £190,105 |
6 Month Average | 37.013 % | £52,928 | £195,928 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £391,856 | £385,000 | 8 RILEY CLOSE |
21 Feb 2023 | £269,818 | £270,000 | 14 RILEY CLOSE |
27 Oct 2022 | £215,678 | £218,000 | 11 DAIMLER ROAD |
4 Apr 2022 | £211,109 | £205,000 | 95 LOVETOFTS DRIVE |
17 Mar 2022 | £189,636 | £183,000 | 91 LOVETOFTS DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 7 May 2015. Using an estimated price of £204,380 means this house is valued at £3,350 per sq meter (£311 per sq foot).
The average size of a house on DAIMLER ROAD is 70 sq meters (759 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Daimler Road | |
Jan 2024 | Anti-social behaviour | On or near Daimler Road | |
Jan 2024 | Anti-social behaviour | On or near Daimler Road | |
Jan 2024 | Anti-social behaviour | On or near Daimler Road | |
Apr 2024 | Anti-social behaviour | On or near Crossley Gardens |