£403,465
This estimated value is based upon the latest sale price for the house of £325,000 on 29 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£325,000 | 29 Oct 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 October 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £325,000 results in an estimated price of approximately £403,465.
29 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £325,000 | £78,465 | £403,465 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 17.990 % | £58,467 | £383,467 |
3 Month Average | -10.776 % | £-35,023 | £289,976 |
6 Month Average | -21.863 % | £-71,055 | £253,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £367,500 | £367,500 | 74 FORNHAM ROAD |
15 Mar 2024 | £152,341 | £150,000 | 21 MERMAID CLOSE |
6 Jan 2023 | £626,674 | £625,000 | 3 WOODFORD GARDENS |
9 Sep 2022 | £449,700 | £450,000 | 77 FORNHAM ROAD |
30 Aug 2022 | £379,273 | £377,500 | 89 FORNHAM ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 25 Nov 2009. Using an estimated price of £403,465 means this house is valued at £4,246 per sq meter (£394 per sq foot).
The average size of a house on FORNHAM ROAD is 116 sq meters (1,257 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Woodford Gardens |
Jun 2024 | Anti-social behaviour | On or near Thingoe Hill | |
Jun 2024 | Burglary | Awaiting court outcome | On or near Thingoe Hill |
Jun 2024 | Anti-social behaviour | On or near Thingoe Hill | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thingoe Hill |