£245,691
This estimated value is based upon the latest sale price for the house of £228,000 on 23 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £228,000 | 23 Sep 2021 |
| £179,000 | 24 Nov 2016 |
| £125,000 | 23 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £228,000 results in an estimated price of approximately £245,691.
| 23 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £228,000 | £17,691 | £245,691 |
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 | -15.546 % | £-35,444 | £192,555 |
| 3 Month Average | 5.064 % | £11,545 | £239,545 |
| 6 Month Average | 15.567 % | £35,492 | £263,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £212,862 | £211,000 | 17 GREENE ROAD |
| 17 Jul 2023 | £243,274 | £240,000 | 47 RIDLEY ROAD |
| 23 Jun 2023 | £227,759 | £225,000 | 167 OLIVER ROAD |
| 28 Feb 2023 | £240,838 | £241,000 | 1 TOMLINE WALK |
| 14 Jul 2022 | £436,174 | £435,000 | 1 PADDOCK CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 28 Jan 2016. Using an estimated price of £245,691 means this house is valued at £2,699 per sq meter (£250 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Ridley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ridley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridley Road |
| Feb 2024 | Drugs | Under investigation | On or near Ridley Road |