£290,917
This estimated value is based upon the latest sale price for the house of £219,000 on 29 Sep 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £219,000 | 29 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 September 2016 the House Price Index for SUFFOLK was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £219,000 results in an estimated price of approximately £290,917.
| 29 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £219,000 | £71,917 | £290,917 |
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 | 81.382 % | £178,226 | £397,226 |
| 3 Month Average | 40.357 % | £88,381 | £307,381 |
| 6 Month Average | 26.727 % | £58,533 | £277,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £237,881 | £235,000 | 326 FELIXSTOWE ROAD |
| 1 Apr 2022 | £278,046 | £270,000 | 324 FELIXSTOWE ROAD |
| 11 Mar 2022 | £305,697 | £295,000 | 23 LOCARNO ROAD |
| 16 Dec 2021 | £342,841 | £320,000 | 34 RANSOME ROAD |
| 27 Sep 2021 | £360,993 | £335,000 | 10 RANSOME ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 25 Jul 2016. Using an estimated price of £290,918 means this house is valued at £3,878 per sq meter (£360 per sq foot).
The average size of a house on LOCARNO ROAD is 94 sq meters (1,015 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 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 |