£238,744
This estimated value is based upon the latest sale price for the house of £190,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£190,000 | 25 May 2018 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 May 2018 the House Price Index for SUFFOLK was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £190,000 results in an estimated price of approximately £238,744.
25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £190,000 | £48,744 | £238,744 |
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 | 25.193 % | £47,865 | £237,865 |
3 Month Average | 15.234 % | £28,944 | £218,944 |
6 Month Average | 14.580 % | £27,701 | £217,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £266,772 | £260,000 | 31 MARGATE ROAD |
25 Mar 2022 | £354,937 | £340,000 | 57 RAMSGATE DRIVE |
26 Jan 2022 | £227,943 | £215,000 | 370 FELIXSTOWE ROAD |
18 Nov 2021 | £230,978 | £212,000 | 18 MARGATE ROAD |
23 Sep 2021 | £265,964 | £245,000 | 67 RAMSGATE DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Jan 2018. Using an estimated price of £238,745 means this house is valued at £2,776 per sq meter (£257 per sq foot).
The average size of a house on FELIXSTOWE ROAD is 94 sq meters (1,016 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Badshah Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Badshah Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howe Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howe Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howe Avenue |