£319,537
This estimated value is based upon the latest sale price for the house of £240,000 on 31 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 31 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 August 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £240,000 results in an estimated price of approximately £319,537.
| 31 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £240,000 | £79,537 | £319,537 |
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 | 41.887 % | £100,529 | £340,529 |
| 3 Month Average | 41.912 % | £100,588 | £340,588 |
| 6 Month Average | 27.955 % | £67,090 | £307,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £234,096 | £230,000 | 18 ST DAVIDS ROAD |
| 4 Apr 2023 | £192,068 | £190,000 | 272 NACTON ROAD |
| 29 Mar 2023 | £237,235 | £235,000 | 20 ST LEONARDS ROAD |
| 1 Feb 2023 | £286,357 | £286,550 | 52 RANSOME ROAD |
| 30 Jun 2022 | £256,119 | £252,500 | 23 ST LEONARDS ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 18 Feb 2016. Using an estimated price of £319,538 means this house is valued at £3,163 per sq meter (£293 per sq foot).
The average size of a house on RANSOME ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Davids Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Square |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Square |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ransome Crescent |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Henstead Gardens |