£215,333
This estimated value is based upon the latest sale price for the house of £124,000 on 16 Jun 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£124,000 | 16 Jun 2006 |
£115,000 | 8 Feb 2005 |
£78,000 | 10 Jun 2002 |
£64,000 | 2 Jul 2001 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 684 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 June 2006 the House Price Index for SUFFOLK was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £124,000 results in an estimated price of approximately £215,333.
16 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.6 | 148.6 | 73.656 % | £124,000 | £91,333 | £215,333 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | 96.471 % | £119,624 | £243,624 |
3 Month Average | 63.858 % | £79,184 | £203,184 |
6 Month Average | 101.326 % | £125,644 | £249,644 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £160,000 | £160,000 | 67 YEW TREE RISE |
25 Aug 2023 | £232,030 | £230,000 | 56 SYCAMORE CLOSE |
14 Aug 2023 | £216,897 | £215,000 | 11 RUDLANDS |
7 Aug 2023 | £127,112 | £126,000 | 11 SYCAMORE CLOSE |
14 Jul 2023 | £182,456 | £180,000 | 55 YEW TREE RISE |
This house has a floor area of 63 sq meters or 684 sq feet when measured on 4 Aug 2010. Using an estimated price of £215,333 means this house is valued at £3,384 per sq meter (£314 per sq foot).
The average size of a house on SYCAMORE CLOSE is 51 sq meters (553 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pin Mill Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pin Mill Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pin Mill Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pin Mill Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pin Mill Close |