£247,666
This estimated value is based upon the latest sale price for the house of £245,000 on 4 Apr 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£245,000 | 4 Apr 2023 |
£152,000 | 24 Sep 2004 |
£71,500 | 10 Dec 1999 |
£62,000 | 20 Nov 1998 |
£58,000 | 31 Oct 1997 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 636 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 2023 the House Price Index for SUFFOLK was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £245,000 results in an estimated price of approximately £247,666.
4 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 148.6 | 1.088 % | £245,000 | £2,666 | £247,666 |
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 | -7.771 % | £-19,039 | £225,960 |
3 Month Average | 5.385 % | £13,192 | £258,192 |
6 Month Average | 4.351 % | £10,659 | £255,659 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £295,164 | £290,000 | 27 ROCKINGHAM ROAD |
4 Apr 2023 | £247,667 | £245,000 | 33 TANNERY DRIVE |
23 Feb 2023 | £177,880 | £178,000 | 30 TANNERY DRIVE |
31 Jan 2023 | £161,738 | £162,500 | 76 ROCKINGHAM ROAD |
13 Apr 2022 | £180,215 | £175,000 | 68 ROCKINGHAM ROAD |
This house has a floor area of 59 sq meters or 636 sq feet when measured on 24 Aug 2009. Using an estimated price of £247,667 means this house is valued at £4,190 per sq meter (£389 per sq foot).
The average size of a house on TANNERY DRIVE is 63 sq meters (684 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Coppers Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rockingham Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hospital |
Feb 2024 | Drugs | Awaiting court outcome | On or near Archers Place |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baker'S Lane |