£504,146
This estimated value is based upon the latest sale price for the house of £297,500 on 25 Aug 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £297,500 | 25 Aug 2010 |
| £250,000 | 23 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,082 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 2010 the House Price Index for SUFFOLK was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £297,500 results in an estimated price of approximately £504,146.
| 25 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £297,500 | £206,646 | £504,146 |
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 | 39.138 % | £116,436 | £413,936 |
| 3 Month Average | 48.928 % | £145,560 | £443,060 |
| 6 Month Average | 52.850 % | £157,228 | £454,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £366,411 | £360,000 | 38 PARK ROAD |
| 18 Aug 2023 | £374,779 | £371,500 | 7A PARK ROAD |
| 21 Jun 2023 | £376,055 | £371,500 | 61 PARK ROAD |
| 28 Apr 2023 | £394,245 | £390,000 | 16 ALBEMARLE ROAD |
| 14 Mar 2023 | £206,950 | £205,000 | 28 ALBEMARLE ROAD |
This house has a floor area of 100 sq meters or 1,082 sq feet when measured on 24 Jun 2010. Using an estimated price of £504,147 means this house is valued at £5,012 per sq meter (£465 per sq foot).
The average size of a house on PARK ROAD is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ashwell Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ashwell Road |
| Mar 2024 | Drugs | Local resolution | On or near Ashwell Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashwell Road |
| Jan 2024 | Anti-social behaviour | On or near Ashwell Road |