£280,549
This estimated value is based upon the latest sale price for the house of £228,750 on 25 Nov 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £228,750 | 25 Nov 2019 |
| £120,000 | 30 Aug 2002 |
| £84,995 | 22 Mar 2001 |
| £55,000 | 31 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £228,750 results in an estimated price of approximately £280,549.
| 25 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £228,750 | £51,799 | £280,549 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 24.403 % | £55,822 | £284,572 |
| 3 Month Average | 18.093 % | £41,387 | £270,137 |
| 6 Month Average | 4.560 % | £10,432 | £239,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £284,208 | £280,000 | 47 BENACRE ROAD |
| 22 Aug 2023 | £213,871 | £212,000 | 20 AVONDALE ROAD |
| 26 Jul 2022 | £414,115 | £413,000 | 99 CLAPGATE LANE |
| 7 Mar 2022 | £227,978 | £220,000 | 16 AVONDALE ROAD |
| 4 Mar 2022 | £243,522 | £235,000 | 48 CLAPGATE LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Mar 2019. Using an estimated price of £280,549 means this house is valued at £3,049 per sq meter (£283 per sq foot).
The average size of a house on CLAPGATE LANE is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norman Crescent |
| Feb 2024 | Other theft | Under investigation | On or near Powling Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Powling Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Powling Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Powling Road |