£503,216
This estimated value is based upon the latest sale price for the house of £408,000 on 4 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£408,000 | 4 Jul 2019 |
£320,000 | 4 Nov 2015 |
£287,500 | 12 Oct 2006 |
£250,000 | 12 Aug 2004 |
£140,000 | 24 Mar 2000 |
Semi-Detached |
Freehold |
Floor Area: 168 sq meters or 1,808 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 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £408,000 results in an estimated price of approximately £503,216.
4 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £408,000 | £95,216 | £503,216 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 26.035 % | £106,223 | £514,223 |
3 Month Average | 31.912 % | £130,198 | £538,198 |
6 Month Average | 25.084 % | £102,343 | £510,343 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £421,236 | £415,000 | 39 GAINSBOROUGH ROAD |
3 Nov 2023 | £400,936 | £395,000 | 92 RANELAGH ROAD |
17 Jul 2023 | £516,958 | £510,000 | 31 GAINSBOROUGH ROAD |
15 Feb 2023 | £112,924 | £113,000 | FLAT 3 91 RANELAGH ROAD |
13 Jun 2022 | £169,952 | £167,550 | 10A GAINSBOROUGH ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 21 Jul 2015. Using an estimated price of £503,217 means this house is valued at £2,995 per sq meter (£278 per sq foot).
The average size of a house on RANELAGH ROAD is 109 sq meters (1,182 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Gainsborough Road |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gainsborough Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Road |
Mar 2024 | Public order | Local resolution | On or near Parking Area |
Mar 2024 | Other crime | Under investigation | On or near Parking Area |