£405,804
This estimated value is based upon the latest sale price for the house of £242,500 on 16 Jul 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £242,500 | 16 Jul 2013 |
| £286,000 | 30 Apr 2007 |
| £240,000 | 25 Feb 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2013 the House Price Index for SUFFOLK was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £242,500 results in an estimated price of approximately £405,804.
| 16 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £242,500 | £163,304 | £405,804 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 114.638 % | £277,996 | £520,496 |
| 3 Month Average | 58.343 % | £141,482 | £383,982 |
| 6 Month Average | 28.128 % | £68,210 | £310,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £367,500 | £367,500 | 74 FORNHAM ROAD |
| 15 Mar 2024 | £152,341 | £150,000 | 21 MERMAID CLOSE |
| 10 Nov 2023 | £610,497 | £595,000 | 109 FORNHAM ROAD |
| 6 Jan 2023 | £626,674 | £625,000 | 3 WOODFORD GARDENS |
| 9 Sep 2022 | £449,700 | £450,000 | 77 FORNHAM ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 7 Aug 2020. Using an estimated price of £405,804 means this house is valued at £3,326 per sq meter (£309 per sq foot).
The average size of a house on FORNHAM ROAD is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Woodford Gardens |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Avenue Approach |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Avenue Approach |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Riverside Court |
| Jun 2024 | Anti-social behaviour | On or near Thingoe Hill |