£222,791
This estimated value is based upon the latest sale price for the house of £206,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £206,000 | 26 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2021 the House Price Index for SUFFOLK was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £206,000 results in an estimated price of approximately £222,791.
| 26 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £206,000 | £16,791 | £222,791 |
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 | 33.561 % | £69,134 | £275,134 |
| 3 Month Average | 12.068 % | £24,859 | £230,859 |
| 6 Month Average | 4.254 % | £8,764 | £214,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £252,206 | £250,000 | 69 TURNER ROAD |
| 30 Jun 2023 | £217,636 | £215,000 | 42 REYNOLDS ROAD |
| 7 Mar 2023 | £191,807 | £190,000 | 3 LEIGHTON SQUARE |
| 18 Jul 2022 | £228,114 | £227,500 | 38 TURNER ROAD |
| 30 May 2022 | £275,185 | £270,000 | 7 FRAMPTON ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Jun 2021. Using an estimated price of £222,792 means this house is valued at £2,560 per sq meter (£237 per sq foot).
The average size of a house on TURNER ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shannon Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shannon Road |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shannon Road |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shannon Road |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shannon Road |