£268,261
This estimated value is based upon the latest sale price for the house of £185,000 on 27 Jul 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £185,000 | 27 Jul 2015 |
| £150,000 | 24 Mar 2011 |
| £89,950 | 31 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £185,000 results in an estimated price of approximately £268,261.
| 27 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £185,000 | £83,261 | £268,261 |
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 | -1.140 % | £-2,109 | £182,890 |
| 3 Month Average | 9.146 % | £16,919 | £201,919 |
| 6 Month Average | 18.281 % | £33,820 | £218,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £131,139 | £130,000 | APARTMENT 34 LACY COURT RISBYGATE STREET |
| 13 Mar 2024 | £134,568 | £132,500 | APARTMENT 24 LACY COURT RISBYGATE STREET |
| 5 Dec 2023 | £324,986 | £315,000 | 101 SPRINGFIELD ROAD |
| 24 Nov 2023 | £564,325 | £550,000 | 22 CHANCELLERY MEWS |
| 23 Oct 2023 | £378,599 | £370,000 | 19 SPRINGFIELD ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Sep 2021. Using an estimated price of £268,261 means this house is valued at £4,397 per sq meter (£408 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 119 sq meters (1,281 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Pudding Lane |
| Jul 2024 | Public order | Under investigation | On or near Pudding Lane |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Pudding Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pudding Lane |
| Jul 2024 | Anti-social behaviour | On or near Pudding Lane |