£369,627
This estimated value is based upon the latest sale price for the house of £246,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£246,000 | 12 Dec 2014 |
£130,000 | 10 Sep 2003 |
Semi-Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 December 2014 the House Price Index for SUFFOLK was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £246,000 results in an estimated price of approximately £369,627.
12 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £246,000 | £123,627 | £369,627 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 58.553 % | £144,039 | £390,039 |
3 Month Average | 54.758 % | £134,705 | £380,705 |
6 Month Average | 49.700 % | £122,262 | £368,262 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £283,718 | £275,000 | 21 CHILDER ROAD |
17 Nov 2023 | £66,693 | £65,000 | 9 OLD SCHOOL COURT VIOLET HILL ROAD |
14 Nov 2023 | £215,469 | £210,000 | 22 VIOLET HILL ROAD |
6 Apr 2023 | £224,193 | £220,000 | 57 VIOLET HILL ROAD |
29 Mar 2023 | £6,613,988 | £6,503,534 | HILLCROFT HOUSE FINBOROUGH ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 9 Jul 2014. Using an estimated price of £369,628 means this house is valued at £2,865 per sq meter (£266 per sq foot).
The average size of a house on CHILDER ROAD is 117 sq meters (1,263 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Childer Road |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Childer Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Childer Road |
Sep 2024 | Public order | Under investigation | On or near Walnut Tree Walk |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Walnut Tree Walk |