£302,094
This estimated value is based upon the latest sale price for the house of £170,000 on 8 Feb 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£170,000 | 8 Feb 2006 |
£158,000 | 6 Feb 2004 |
£97,500 | 22 Nov 2000 |
Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 February 2006 the House Price Index for SUFFOLK was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £170,000 results in an estimated price of approximately £302,094.
8 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 148.6 | 77.703 % | £170,000 | £132,094 | £302,094 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 21.957 % | £37,326 | £207,326 |
3 Month Average | 23.210 % | £39,457 | £209,457 |
6 Month Average | 62.788 % | £106,740 | £276,740 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £174,109 | £172,000 | 29 WARWICK DRIVE |
6 Mar 2023 | £312,999 | £310,050 | 9 CUMBERLAND AVENUE |
23 Feb 2023 | £239,839 | £240,000 | 141 NORTHUMBERLAND AVENUE |
4 Jul 2022 | £141,381 | £141,000 | 15 DURHAM CLOSE |
6 May 2022 | £261,936 | £257,000 | 14 SUFFOLK ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 27 Mar 2018. Using an estimated price of £302,095 means this house is valued at £3,776 per sq meter (£350 per sq foot).
The average size of a house on CUMBERLAND AVENUE is 75 sq meters (813 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cumberland Avenue |
Apr 2024 | Other crime | Under investigation | On or near Cumberland Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Avenue |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Cumberland Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Avenue |