£274,084
This estimated value is based upon the latest sale price for the house of £225,000 on 6 Jul 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 6 Jul 2020 |
| £84,950 | 28 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2020 the House Price Index for SUFFOLK was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £225,000 results in an estimated price of approximately £274,084.
| 6 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £225,000 | £49,084 | £274,084 |
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 | 54.581 % | £122,807 | £347,807 |
| 3 Month Average | -7.863 % | £-17,690 | £207,309 |
| 6 Month Average | -16.345 % | £-36,776 | £188,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £236,000 | £236,000 | 4 WAVENEY ROAD |
| 27 Feb 2023 | £184,231 | £183,000 | 7 LAKE AVENUE |
| 26 May 2022 | £165,307 | £161,000 | 11 ANSELM AVENUE |
| 20 Dec 2021 | £275,224 | £255,000 | 6 ANSELM AVENUE |
| 3 Dec 2021 | £248,241 | £230,000 | 13 ACACIA AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 13 Nov 2019. Using an estimated price of £274,085 means this house is valued at £3,079 per sq meter (£286 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Offender given a caution | On or near Waveney Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Anselm Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Anselm Avenue |
| Jul 2024 | Bicycle theft | Awaiting court outcome | On or near Anselm Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Anselm Avenue |