£343,750
This estimated value is based upon the latest sale price for the house of £227,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£227,000 | 29 Aug 2014 |
£200,000 | 15 Sep 2010 |
£140,000 | 15 Feb 2002 |
Detached |
Freehold |
Floor Area: 134 sq meters or 1,452 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 2014 the House Price Index for SUFFOLK was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £227,000 results in an estimated price of approximately £343,750.
29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £227,000 | £116,750 | £343,750 |
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 | 82.985 % | £188,375 | £415,375 |
3 Month Average | 59.591 % | £135,270 | £362,270 |
6 Month Average | 41.429 % | £94,044 | £321,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2023 | £341,173 | £337,500 | 19 DRAYMANS WAY |
15 Jun 2022 | £144,036 | £142,000 | 51 LANDSEER ROAD |
8 Dec 2021 | £444,622 | £415,000 | THE BREWERY TAP LANDSEER BUSINESS PARK LANDSEER ROAD |
8 Dec 2021 | £64,283 | £60,000 | THE BREWERY COTTAGE CLIFF ROAD |
1 Dec 2021 | £321,413 | £300,000 | 6 DRAYMANS WAY |
This house has a floor area of 134 sq meters or 1,452 sq feet when measured on 5 Nov 2009. Using an estimated price of £343,750 means this house is valued at £2,547 per sq meter (£236 per sq foot).
The average size of a house on DRAYMANS WAY is 122 sq meters (1,323 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Draymans Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Draymans Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Draymans Way |
Mar 2024 | Other crime | Under investigation | On or near Draymans Way |
Jan 2024 | Drugs | Awaiting court outcome | On or near Draymans Way |