£304,959
This estimated value is based upon the latest sale price for the house of £246,000 on 8 Aug 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£246,000 | 8 Aug 2019 |
£167,000 | 23 Apr 2010 |
£176,500 | 15 Aug 2008 |
£139,200 | 29 Apr 2005 |
£52,000 | 21 Feb 1997 |
£36,000 | 9 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 August 2019 the House Price Index for SUFFOLK was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £246,000 results in an estimated price of approximately £304,959.
8 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £246,000 | £58,959 | £304,959 |
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 | 11.329 % | £27,870 | £273,870 |
3 Month Average | 7.461 % | £18,353 | £264,353 |
6 Month Average | 4.395 % | £10,811 | £256,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £281,391 | £275,000 | 9 ASCOT DRIVE |
1 Sep 2023 | £327,213 | £320,000 | 294 FELIXSTOWE ROAD |
3 Aug 2023 | £282,088 | £277,000 | 51 ASCOT DRIVE |
9 Jun 2023 | £239,806 | £235,000 | 326 FELIXSTOWE ROAD |
25 Nov 2022 | £278,697 | £280,000 | 1 ASCOT DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 1 May 2019. Using an estimated price of £304,960 means this house is valued at £2,932 per sq meter (£272 per sq foot).
The average size of a house on FELIXSTOWE ROAD is 94 sq meters (1,016 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malvern Close |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malvern Close |
May 2024 | Anti-social behaviour | On or near Malvern Close | |
May 2024 | Anti-social behaviour | On or near Malvern Close | |
May 2024 | Anti-social behaviour | On or near Malvern Close |