£626,326
This estimated value is based upon the latest sale price for the house of £504,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been three burglaries within the last year on or near Pier Avenue
More crime details
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Price Paid | Date |
---|---|
£504,000 | 7 Dec 2018 |
Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2018 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £504,000 results in an estimated price of approximately £626,326.
7 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £504,000 | £122,326 | £626,326 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 31.166 % | £157,076 | £661,076 |
3 Month Average | 48.765 % | £245,774 | £749,774 |
6 Month Average | 50.600 % | £255,024 | £759,024 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £767,430 | £750,000 | 30 HOTSON ROAD |
27 Oct 2023 | £700,919 | £685,000 | 7 HOTSON ROAD |
18 Sep 2023 | £2,822,213 | £2,760,000 | 51 PIER AVENUE |
4 Aug 2023 | £828,470 | £813,528 | 49 PIER AVENUE |
12 Apr 2023 | £534,752 | £524,750 | 51 ST EDMUNDS ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 4 Apr 2018. Using an estimated price of £626,326 means this house is valued at £6,592 per sq meter (£612 per sq foot).
The average size of a house on PIER AVENUE is 122 sq meters (1,314 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Pier Avenue |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Pier Avenue |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Pier Avenue |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Pier Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near St Edmund'S Road |