£192,588
This estimated value is based upon the latest sale price for the house of £155,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£155,000 | 12 Jul 2019 |
£94,000 | 16 Jun 2003 |
Terraced |
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 July 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £155,000 results in an estimated price of approximately £192,588.
12 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £155,000 | £37,588 | £192,588 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 15.453 % | £23,951 | £178,951 |
3 Month Average | 30.623 % | £47,465 | £202,465 |
6 Month Average | 19.338 % | £29,973 | £184,973 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £195,000 | £195,000 | 46 DRAKE ROAD |
17 Apr 2024 | £237,059 | £235,000 | 25 NELSON ROAD |
30 Nov 2023 | £166,732 | £162,500 | 33 NELSON ROAD |
18 Oct 2023 | £225,113 | £220,000 | 10 TRAFALGAR ROAD |
15 Aug 2023 | £224,041 | £220,000 | 51 BEATTY ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 1 Apr 2019. Using an estimated price of £192,588 means this house is valued at £2,407 per sq meter (£223 per sq foot).
The average size of a house on DRAKE ROAD is 86 sq meters (934 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Drake Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Drake Road |
Jun 2024 | Anti-social behaviour | On or near Trafalgar Road | |
Jun 2024 | Anti-social behaviour | On or near Trafalgar Road | |
May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Trafalgar Road |