£220,706
This estimated value is based upon the latest sale price for the house of £96,000 on 12 Sep 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£96,000 | 12 Sep 2003 |
£80,000 | 30 Jul 2002 |
£45,000 | 8 Jan 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 September 2003 the House Price Index for SUFFOLK was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £96,000 results in an estimated price of approximately £220,706.
12 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
65.1 | 149.7 | 129.902 % | £96,000 | £124,706 | £220,706 |
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 | 80.127 % | £76,921 | £172,921 |
3 Month Average | 67.670 % | £64,963 | £160,963 |
6 Month Average | 92.682 % | £88,974 | £184,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £189,833 | £184,000 | 3 WINDMILL RISE |
15 Nov 2023 | £174,428 | £170,000 | 8 WINDMILL RISE |
13 Sep 2023 | £286,311 | £280,000 | 25 HOSPITAL ROAD |
25 Jul 2022 | £378,796 | £375,000 | 25 MILL ROAD |
30 Jun 2022 | £260,570 | £255,000 | 26 MILL ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 Mar 2020. Using an estimated price of £220,706 means this house is valued at £3,941 per sq meter (£366 per sq foot).
The average size of a house on WINDMILL RISE is 59 sq meters (644 sq feet).
This house is the largest in the street with a floor area of 56 sq meters (602 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Windmill Rise |
Jul 2024 | Other theft | Under investigation | On or near Drummond Court |
Jul 2024 | Other theft | Under investigation | On or near Drummond Court |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Euston Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Euston Close |