£239,187
This estimated value is based upon the latest sale price for the house of £170,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £170,000 | 23 Oct 2015 |
| £154,000 | 29 Oct 2012 |
| £63,000 | 17 Mar 2000 |
| £38,000 | 14 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 October 2015 the House Price Index for SUFFOLK was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £170,000 results in an estimated price of approximately £239,187.
| 23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £170,000 | £69,187 | £239,187 |
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 | 14.398 % | £24,476 | £194,476 |
| 3 Month Average | 11.231 % | £19,092 | £189,092 |
| 6 Month Average | 20.965 % | £35,639 | £205,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £225,336 | £222,000 | 161 OUT WESTGATE |
| 13 Sep 2023 | £283,626 | £280,000 | 25 HOSPITAL ROAD |
| 6 Feb 2023 | £199,866 | £200,000 | 19 ST PETERS COURT |
| 12 Jan 2023 | £204,039 | £205,000 | 17 ST PETERS COURT |
| 22 Jun 2022 | £213,010 | £210,000 | 21 EYRE CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 21 May 2012. Using an estimated price of £239,188 means this house is valued at £4,429 per sq meter (£411 per sq foot).
The average size of a house on OUT WESTGATE is 80 sq meters (862 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Out Westgate |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Out Westgate |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Out Westgate |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Out Westgate |
| Apr 2024 | Anti-social behaviour | On or near Eyre Close |