£740,636
This estimated value is based upon the latest sale price for the house of £612,500 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£612,500 | 31 Jul 2020 |
Freehold |
Floor Area: 151 sq meters or 1,625 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 2020 the House Price Index for SUFFOLK was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £612,500 results in an estimated price of approximately £740,636.
31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £612,500 | £128,136 | £740,636 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | -30.617 % | £-187,526 | £424,973 |
3 Month Average | 39.212 % | £240,171 | £852,671 |
6 Month Average | 29.805 % | £182,552 | £795,052 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £315,000 | £315,000 | 7A MARKET PLACE |
16 Aug 2023 | £1,725,092 | £1,710,000 | WOODLEYS THE COMMON |
4 Nov 2022 | £1,778,458 | £1,800,000 | 17 MARKET PLACE |
1 Jul 2022 | £696,876 | £695,000 | 21 GARDNER ROAD |
8 Apr 2022 | £669,369 | £650,000 | 2 THE STABLES MILL LANE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 22 Sep 2012. Using an estimated price of £740,637 means this house is valued at £4,904 per sq meter (£455 per sq foot).
There is one other house on the street which we know the size of, this is DRILL HALL COTTAGE WOODLEYS YARD it is 195.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Shopping Area |
Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |