£223,236
This estimated value is based upon the latest sale price for the house of £135,000 on 16 Aug 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £135,000 | 16 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2013 the House Price Index for SUFFOLK was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £135,000 results in an estimated price of approximately £223,236.
| 16 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £135,000 | £88,236 | £223,236 |
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 | 15.477 % | £20,894 | £155,894 |
| 3 Month Average | 32.257 % | £43,546 | £178,546 |
| 6 Month Average | 38.782 % | £52,355 | £187,355 |
| 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 62 sq meters or 667 sq feet when measured on 13 Oct 2021. Using an estimated price of £223,236 means this house is valued at £3,600 per sq meter (£334 per sq foot).
The average size of a house on OUT WESTGATE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| 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 Maundy Close |