£987,218
This estimated value is based upon the latest sale price for the house of £161,099 on 12 Jun 2024. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£161,099 | 12 Jun 2024 |
£161,000 | 9 Mar 2022 |
£106,000 | 28 Feb 2014 |
£75,000 | 21 Dec 2001 |
£62,000 | 20 Oct 2000 |
£43,000 | 22 May 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 2024 the House Price Index for SUFFOLK was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £161,099 results in an estimated price of approximately £987,218.
12 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £161,099 | £826,119 | £987,218 |
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 | 71.684 % | £115,481 | £276,580 |
3 Month Average | 46.619 % | £75,102 | £236,201 |
6 Month Average | -3.063 % | £-4,934 | £156,164 |
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 |
6 Jan 2023 | £626,674 | £625,000 | 3 WOODFORD GARDENS |
9 Sep 2022 | £449,700 | £450,000 | 77 FORNHAM ROAD |
10 Aug 2022 | £452,114 | £450,000 | 41 FORNHAM ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 20 Jul 2015.
The average size of a house on MERMAID CLOSE is 58 sq meters (628 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Woodford Gardens |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Riverside Court |
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 |
Jun 2024 | Anti-social behaviour | On or near Thingoe Hill |