£270,685
This estimated value is based upon the latest sale price for the house of £217,500 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£217,500 | 29 Mar 2019 |
£132,000 | 3 Aug 2015 |
£20,000 | 11 Apr 1997 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 March 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £217,500 results in an estimated price of approximately £270,685.
29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £217,500 | £53,185 | £270,685 |
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 | 0.068 % | £148 | £217,648 |
3 Month Average | 1.737 % | £3,777 | £221,277 |
6 Month Average | 0.840 % | £1,827 | £219,327 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £227,782 | £222,000 | 47 MORLAND ROAD |
29 Apr 2022 | £212,671 | £205,000 | 83 FLETCHER ROAD |
29 Apr 2022 | £264,543 | £255,000 | 35 RAEBURN ROAD |
20 Apr 2022 | £226,158 | £218,000 | 52 ROMNEY ROAD |
29 Mar 2022 | £274,554 | £263,000 | 3 RAEBURN ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 2 Jun 2015. Using an estimated price of £270,686 means this house is valued at £3,111 per sq meter (£289 per sq foot).
The average size of a house on MORLAND ROAD is 89 sq meters (967 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Drugs | Local resolution | On or near Gainsborough Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morland Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morland Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fletcher Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fletcher Road |