£283,843
This estimated value is based upon the latest sale price for the house of £94,000 on 27 Mar 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £94,000 | 27 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 March 2002 the House Price Index for SUFFOLK was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £94,000 results in an estimated price of approximately £283,843.
| 27 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.6 | 201.961 % | £94,000 | £189,843 | £283,843 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 160.832 % | £151,182 | £245,182 |
| 3 Month Average | 165.565 % | £155,630 | £249,630 |
| 6 Month Average | 184.778 % | £173,691 | £267,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £345,109 | £340,000 | 38 KINGS ROAD |
| 24 Nov 2023 | £182,197 | £179,500 | 52 KINGS ROAD |
| 28 Jan 2022 | £310,460 | £295,000 | 4 MILL ROAD |
| 17 Nov 2021 | £519,127 | £480,000 | 69 MILL ROAD |
| 24 Sep 2021 | £242,458 | £225,000 | 129 KINGS ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 20 Sep 2014. Using an estimated price of £283,844 means this house is valued at £3,997 per sq meter (£371 per sq foot).
The average size of a house on MILL ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King'S Road |
| Jan 2024 | Anti-social behaviour | On or near King'S Road | |
| Jan 2024 | Anti-social behaviour | On or near King'S Road | |
| Jan 2024 | Anti-social behaviour | On or near King'S Road |