£284,282
This estimated value is based upon the latest sale price for the house of £197,500 on 21 Jul 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £197,500 | 21 Jul 2015 |
| £142,500 | 30 Mar 2006 |
| £55,500 | 4 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 July 2015 the House Price Index for SUFFOLK was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £197,500 results in an estimated price of approximately £284,282.
| 21 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £197,500 | £86,782 | £284,282 |
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 | -15.860 % | £-31,322 | £166,177 |
| 3 Month Average | -8.235 % | £-16,263 | £181,236 |
| 6 Month Average | 25.812 % | £50,978 | £248,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £274,057 | £270,000 | 107 RAYNHAM ROAD |
| 27 Mar 2023 | £141,332 | £140,000 | 121 RAYNHAM ROAD |
| 4 Oct 2022 | £514,461 | £520,000 | 20 STEPHENSON PLACE |
| 19 Aug 2022 | £276,755 | £277,500 | 61 RAYNHAM ROAD |
| 22 Jul 2022 | £280,756 | £280,000 | 19 RAYNHAM ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 27 Aug 2021. Using an estimated price of £284,283 means this house is valued at £4,243 per sq meter (£394 per sq foot).
The average size of a house on RAYNHAM ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Raynham Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northgate Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Northgate Avenue |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stephenson Place |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anglian Lane |