£274,186
This estimated value is based upon the latest sale price for the house of £125,000 on 1 Dec 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £125,000 | 1 Dec 2003 |
| £125,000 | 1 Dec 2003 |
| £104,950 | 26 Jun 2002 |
| £66,000 | 8 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 December 2003 the House Price Index for SUFFOLK was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £125,000 results in an estimated price of approximately £274,186.
| 1 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £125,000 | £149,186 | £274,186 |
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 | 101.632 % | £127,040 | £252,040 |
| 3 Month Average | 73.226 % | £91,532 | £216,532 |
| 6 Month Average | 88.344 % | £110,429 | £235,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £189,833 | £184,000 | 3 WINDMILL RISE |
| 15 Nov 2023 | £174,428 | £170,000 | 8 WINDMILL RISE |
| 25 Jul 2022 | £378,796 | £375,000 | 25 MILL ROAD |
| 30 Jun 2022 | £260,570 | £255,000 | 26 MILL ROAD |
| 24 Sep 2021 | £314,815 | £290,000 | 3 MILL ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 9 Feb 2017. Using an estimated price of £274,186 means this house is valued at £4,896 per sq meter (£454 per sq foot).
The average size of a house on MILL ROAD is 91 sq meters (981 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Drummond Court |
| Jul 2024 | Other theft | Under investigation | On or near Drummond Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Drummond Court |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Euston Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Euston Close |