£163,682
This estimated value is based upon the latest sale price for the house of £94,000 on 5 Aug 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £94,000 | 5 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 909 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 2011 the House Price Index for SUFFOLK was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £94,000 results in an estimated price of approximately £163,682.
| 5 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £94,000 | £69,682 | £163,682 |
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 | 54.152 % | £50,903 | £144,903 |
| 3 Month Average | 51.156 % | £48,086 | £142,086 |
| 6 Month Average | 57.091 % | £53,665 | £147,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £220,417 | £216,000 | 21 FRANKLIN ROAD |
| 13 Apr 2023 | £142,668 | £140,000 | 47A QUEENS WAY |
| 14 Mar 2023 | £190,684 | £187,500 | 19 KINGS WAY |
| 1 Feb 2023 | £246,044 | £244,400 | 9 SHACKLETON ROAD |
| 20 Jan 2023 | £95,255 | £95,000 | 56A QUEENS WAY |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 18 Mar 2011. Using an estimated price of £163,682 means this house is valued at £1,937 per sq meter (£179 per sq foot).
The average size of a house on KINGS WAY is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Recreation Way | |
| Jun 2024 | Anti-social behaviour | On or near Recreation Way | |
| Jun 2024 | Public order | Under investigation | On or near Recreation Way |
| Jun 2024 | Anti-social behaviour | On or near Recreation Way | |
| Jun 2024 | Other crime | Under investigation | On or near Recreation Way |