£321,296
This estimated value is based upon the latest sale price for the house of £262,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £262,000 | 25 Oct 2019 |
| £192,000 | 4 Dec 2017 |
| £127,000 | 17 Feb 2012 |
| £114,000 | 11 Feb 2005 |
| £37,500 | 23 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £262,000 results in an estimated price of approximately £321,296.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £262,000 | £59,296 | £321,296 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 1.155 % | £3,025 | £265,025 |
| 3 Month Average | 5.839 % | £15,298 | £277,298 |
| 6 Month Average | 5.264 % | £13,792 | £275,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £345,109 | £340,000 | 38 KINGS ROAD |
| 24 Nov 2023 | £182,197 | £179,500 | 52 KINGS ROAD |
| 28 Jan 2022 | £310,460 | £295,000 | 4 MILL ROAD |
| 17 Nov 2021 | £519,127 | £480,000 | 69 MILL ROAD |
| 24 Sep 2021 | £242,458 | £225,000 | 129 KINGS ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 16 Aug 2011. Using an estimated price of £321,297 means this house is valued at £7,649 per sq meter (£710 per sq foot).
The average size of a house on MILL ROAD is 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Court |
| Jan 2024 | Anti-social behaviour | On or near King'S Road | |
| Jan 2024 | Anti-social behaviour | On or near King'S Road | |
| Jan 2024 | Anti-social behaviour | On or near King'S Road | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near King'S Road |