£597,785
This estimated value is based upon the latest sale price for the house of £485,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £485,000 | 14 Feb 2020 |
| £302,500 | 5 Aug 2011 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 February 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £485,000 results in an estimated price of approximately £597,785.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £485,000 | £112,785 | £597,785 |
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 | -3.026 % | £-14,675 | £470,324 |
| 3 Month Average | -28.534 % | £-138,390 | £346,609 |
| 6 Month Average | -5.505 % | £-26,699 | £458,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £322,803 | £320,000 | 4 WINTHROP ROAD |
| 4 Dec 2023 | £453,897 | £439,950 | 6 SAXON RISE |
| 13 Sep 2023 | £365,047 | £357,000 | 8 ABBOT ROAD |
| 11 Aug 2023 | £264,775 | £260,000 | 38 WESTGARTH GARDENS |
| 16 Mar 2023 | £259,331 | £255,000 | 84 WEST ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 3 Oct 2019. Using an estimated price of £597,785 means this house is valued at £5,639 per sq meter (£523 per sq foot).
The average size of a house on HOSPITAL ROAD is 122 sq meters (1,318 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Mead |
| Jun 2024 | Burglary | Awaiting court outcome | On or near Westgarth Gardens |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chevington Close |
| Jun 2024 | Other crime | Under investigation | On or near Chevington Close |
| May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Chevington Close |