£258,969
This estimated value is based upon the latest sale price for the house of £167,500 on 2 May 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £167,500 | 2 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2014 the House Price Index for SUFFOLK was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £167,500 results in an estimated price of approximately £258,969.
| 2 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £167,500 | £91,469 | £258,969 |
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 | 49.862 % | £83,518 | £251,018 |
| 3 Month Average | 35.615 % | £59,655 | £227,155 |
| 6 Month Average | 37.268 % | £62,424 | £229,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £227,759 | £225,000 | 167 OLIVER ROAD |
| 28 Feb 2023 | £240,838 | £241,000 | 1 TOMLINE WALK |
| 1 Aug 2022 | £236,364 | £237,000 | 28 OLIVER ROAD |
| 18 Mar 2022 | £227,978 | £220,000 | 33 HOOPER SQUARE |
| 10 Dec 2021 | £235,703 | £220,000 | 15 HOOPER SQUARE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Nov 2013. Using an estimated price of £258,970 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on RIDLEY ROAD is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Ridley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridley Road |