£313,639
This estimated value is based upon the latest sale price for the house of £290,000 on 25 Nov 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £290,000 | 25 Nov 2021 |
| £170,000 | 27 Feb 2006 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 November 2021 the House Price Index for SUFFOLK was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £290,000 results in an estimated price of approximately £313,639.
| 25 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £290,000 | £23,639 | £313,639 |
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 | -25.880 % | £-75,051 | £214,948 |
| 3 Month Average | -20.348 % | £-59,008 | £230,991 |
| 6 Month Average | -3.132 % | £-9,082 | £280,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £269,719 | £265,000 | 33 BEARD ROAD |
| 17 Aug 2023 | £232,030 | £230,000 | 30 HUNTER ROAD |
| 24 Jul 2023 | £238,206 | £235,000 | 5 SUSSEX ROAD |
| 14 Jul 2023 | £243,274 | £240,000 | 26 BEARD ROAD |
| 10 Mar 2023 | £211,997 | £210,000 | 65 CLAY ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 11 Jun 2020. Using an estimated price of £313,639 means this house is valued at £4,480 per sq meter (£416 per sq foot).
The average size of a house on BEARD ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sussex Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Sussex Road |