£170,490
This estimated value is based upon the latest sale price for the house of £162,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£162,000 | 31 Jan 2022 |
£147,000 | 4 Oct 2019 |
£125,000 | 19 Jan 2012 |
£92,000 | 6 Dec 2002 |
£60,000 | 9 Mar 2000 |
£45,000 | 19 May 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 January 2022 the House Price Index for SUFFOLK was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £162,000 results in an estimated price of approximately £170,490.
31 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £162,000 | £8,490 | £170,490 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -27.444 % | £-44,459 | £117,540 |
3 Month Average | -11.683 % | £-18,925 | £143,074 |
6 Month Average | 2.274 % | £3,684 | £165,684 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £295,164 | £290,000 | 27 ROCKINGHAM ROAD |
4 Apr 2023 | £247,667 | £245,000 | 33 TANNERY DRIVE |
23 Feb 2023 | £177,880 | £178,000 | 30 TANNERY DRIVE |
31 Jan 2023 | £161,738 | £162,500 | 76 ROCKINGHAM ROAD |
13 Apr 2022 | £180,215 | £175,000 | 68 ROCKINGHAM ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 22 May 2019. Using an estimated price of £170,490 means this house is valued at £3,479 per sq meter (£323 per sq foot).
The average size of a house on TANNERY DRIVE is 75 sq meters (811 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Coppers Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rockingham Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hospital |
Feb 2024 | Drugs | Awaiting court outcome | On or near Archers Place |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baker'S Lane |