£263,752
This estimated value is based upon the latest sale price for the house of £227,500 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £227,500 | 30 Nov 2020 |
| £157,500 | 24 Sep 2013 |
| £153,000 | 15 Nov 2006 |
| £145,000 | 27 Jun 2005 |
| £124,000 | 15 Jun 2004 |
| Terraced |
| 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 2020 the House Price Index for SUFFOLK was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £227,500 results in an estimated price of approximately £263,752.
| 30 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £227,500 | £36,252 | £263,752 |
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 | -17.025 % | £-38,731 | £188,768 |
| 3 Month Average | -25.630 % | £-58,308 | £169,191 |
| 6 Month Average | -4.782 % | £-10,880 | £216,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £259,541 | £255,000 | 16 HUNTER ROAD |
| 17 Aug 2023 | £232,030 | £230,000 | 30 HUNTER ROAD |
| 3 Feb 2023 | £227,347 | £227,500 | 35 BOBY ROAD |
| 9 Jan 2023 | £275,701 | £277,000 | 20 SUMMERS ROAD |
| 29 Jun 2022 | £233,297 | £230,000 | 40 SUMMERS ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Jul 2013. Using an estimated price of £263,753 means this house is valued at £2,866 per sq meter (£266 per sq foot).
The average size of a house on SUMMERS ROAD is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hunter Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hunter Road |
| Feb 2024 | Drugs | Under investigation | On or near Hunter Road |
| Mar 2024 | Shoplifting | Local resolution | On or near Gorst Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorst Close |