£282,343
This estimated value is based upon the latest sale price for the house of £230,000 on 9 Apr 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 9 Apr 2020 |
| £205,000 | 31 May 2018 |
| £185,000 | 19 Dec 2016 |
| £125,000 | 2 Dec 2005 |
| £42,000 | 31 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 April 2020 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £230,000 results in an estimated price of approximately £282,343.
| 9 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £230,000 | £52,343 | £282,343 |
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 | 30.608 % | £70,399 | £300,399 |
| 3 Month Average | 30.162 % | £69,372 | £299,372 |
| 6 Month Average | 13.686 % | £31,478 | £261,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £237,881 | £235,000 | 326 FELIXSTOWE ROAD |
| 30 Jun 2022 | £256,119 | £252,500 | 23 ST LEONARDS ROAD |
| 1 Apr 2022 | £278,046 | £270,000 | 324 FELIXSTOWE ROAD |
| 11 Mar 2022 | £305,697 | £295,000 | 23 LOCARNO ROAD |
| 4 Feb 2022 | £254,833 | £243,000 | 50 PRETYMAN ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 16 Feb 2017. Using an estimated price of £282,343 means this house is valued at £2,972 per sq meter (£276 per sq foot).
The average size of a house on LOCARNO ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shackleton Square |
| Feb 2024 | Anti-social behaviour | On or near Shackleton Square | |
| Feb 2024 | Anti-social behaviour | On or near Shackleton Square | |
| Feb 2024 | Anti-social behaviour | On or near Shackleton Square | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ransome Crescent |