£226,680
This estimated value is based upon the latest sale price for the house of £65,000 on 6 Apr 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £65,000 | 6 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 April 2001 the House Price Index for SUFFOLK was 42.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 248.739%.Applying this 248.739% change to the original purchase price of £65,000 results in an estimated price of approximately £226,680.
| 6 Apr 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 149.7 | 248.739 % | £65,000 | £161,680 | £226,680 |
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 | 207.143 % | £134,643 | £199,643 |
| 3 Month Average | 187.094 % | £121,611 | £186,611 |
| 6 Month Average | 198.187 % | £128,821 | £193,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £230,229 | £225,000 | 31 DEVONSHIRE ROAD |
| 30 Jun 2023 | £224,499 | £220,000 | 66 DEVONSHIRE ROAD |
| 6 Apr 2023 | £240,498 | £236,000 | 22 BISHOPS HILL |
| 22 Mar 2023 | £111,868 | £110,000 | 11 MYRTLE ROAD |
| 10 Feb 2023 | £216,446 | £215,000 | 20 MITRE WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 24 Jun 2020. Using an estimated price of £226,680 means this house is valued at £3,842 per sq meter (£356 per sq foot).
The average size of a house on MITRE WAY is 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near White Elm Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bishop'S Hill |
| Jul 2024 | Public order | Under investigation | On or near Bishop'S Hill |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bishop'S Hill |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bishop'S Hill |