£410,924
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Jul 2008. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 11 Jul 2008 |
| £174,000 | 8 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 July 2008 the House Price Index for SUFFOLK was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £250,000 results in an estimated price of approximately £410,924.
| 11 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £250,000 | £160,924 | £410,924 |
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 | 39.698 % | £99,245 | £349,245 |
| 3 Month Average | 41.489 % | £103,722 | £353,722 |
| 6 Month Average | 44.528 % | £111,320 | £361,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £365,410 | £360,000 | 68 CHURCHGATE STREET |
| 13 Nov 2023 | £42,631 | £42,000 | 59 ABBEYGATE STREET |
| 23 Jun 2023 | £860,422 | £850,000 | 14 CORNHILL |
| 16 Jun 2023 | £225,228 | £222,500 | 8 GUILDHALL STREET |
| 21 Apr 2023 | £1,213,061 | £1,200,000 | 29 BUTTER MARKET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 2 Apr 2015. Using an estimated price of £410,924 means this house is valued at £4,950 per sq meter (£459 per sq foot).
The average size of a house on GUILDHALL STREET is 126 sq meters (1,362 sq feet).