£271,386
This estimated value is based upon the latest sale price for the house of £222,500 on 3 Jan 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £222,500 | 3 Jan 2020 |
| £197,500 | 2 Nov 2016 |
| £150,000 | 9 May 2008 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2020 the House Price Index for SUFFOLK was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £222,500 results in an estimated price of approximately £271,386.
| 3 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £222,500 | £48,886 | £271,386 |
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 | -28.917 % | £-64,339 | £158,160 |
| 3 Month Average | -21.860 % | £-48,638 | £173,861 |
| 6 Month Average | -2.376 % | £-5,287 | £217,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £174,109 | £172,000 | 29 WARWICK DRIVE |
| 23 Feb 2023 | £239,839 | £240,000 | 141 NORTHUMBERLAND AVENUE |
| 9 Jan 2023 | £275,701 | £277,000 | 20 SUMMERS ROAD |
| 4 Jul 2022 | £141,381 | £141,000 | 15 DURHAM CLOSE |
| 29 Jun 2022 | £233,297 | £230,000 | 40 SUMMERS ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 Feb 2016. Using an estimated price of £271,386 means this house is valued at £3,479 per sq meter (£323 per sq foot).
The average size of a house on CLAY ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ion Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hertford Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hertford Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hertford Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Suffolk Road |