£606,647
This estimated value is based upon the latest sale price for the house of £470,000 on 15 Jun 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Ferry Road
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Price Paid | Date |
---|---|
£470,000 | 15 Jun 2017 |
£195,000 | 16 Nov 2001 |
Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 2017 the House Price Index for SUFFOLK was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £470,000 results in an estimated price of approximately £606,647.
15 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £470,000 | £136,647 | £606,647 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 24.813 % | £116,620 | £586,620 |
3 Month Average | 19.492 % | £91,613 | £561,613 |
6 Month Average | 67.098 % | £315,359 | £785,359 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2024 | £715,000 | £715,000 | FAIRWINDS PRIMROSE ALLEY |
14 Jun 2024 | £1,250,000 | £1,250,000 | 43 FERRY ROAD |
20 Dec 2023 | £768,618 | £745,000 | 4A FERRY ROAD |
7 Dec 2023 | £283,718 | £275,000 | BEACH HUT 195B PROMENADE |
30 Nov 2023 | £713,101 | £695,000 | 15 PARK LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 28 Apr 2016. Using an estimated price of £606,648 means this house is valued at £9,629 per sq meter (£894 per sq foot).
The average size of a house on FERRY ROAD is 111 sq meters (1,197 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Ferry Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queen'S Road |
Jul 2024 | Other theft | Under investigation | On or near Parking Area |
May 2024 | Criminal damage and arson | Local resolution | On or near Parking Area |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Child'S Yard |