£390,888
This estimated value is based upon the latest sale price for the house of £126,000 on 28 Feb 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£126,000 | 28 Feb 2002 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 February 2002 the House Price Index for SUFFOLK was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £126,000 results in an estimated price of approximately £390,888.
28 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 149.7 | 210.229 % | £126,000 | £264,888 | £390,888 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | 199.121 % | £250,892 | £376,892 |
3 Month Average | 135.046 % | £170,157 | £296,157 |
6 Month Average | 138.211 % | £174,146 | £300,146 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £460,143 | £450,000 | 46 BROOK FARM ROAD |
6 Sep 2023 | £363,002 | £355,000 | 4 SHELLEY MEWS |
3 Aug 2023 | £376,796 | £370,000 | 3 SHELLEY MEWS |
29 Mar 2023 | £416,963 | £410,000 | 6 BRIGHT CLOSE |
20 Apr 2022 | £440,904 | £425,000 | 17 COLLINS CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 2 Feb 2015. Using an estimated price of £390,889 means this house is valued at £3,948 per sq meter (£366 per sq foot).
The average size of a house on BROOK FARM ROAD is 119 sq meters (1,282 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashfords Close |