£118,895
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Jun 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £110,000 | 22 Jun 2021 |
| £135,000 | 13 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 June 2021 the House Price Index for SUFFOLK was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £110,000 results in an estimated price of approximately £118,895.
| 22 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £110,000 | £8,895 | £118,895 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 17.076 % | £18,783 | £128,783 |
| 3 Month Average | 10.965 % | £12,061 | £122,061 |
| 6 Month Average | 7.273 % | £8,000 | £118,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £113,000 | £113,000 | 37 ISHAM PLACE |
| 21 Apr 2023 | £137,573 | £135,000 | 58 FORE HAMLET |
| 27 Feb 2023 | £134,901 | £134,000 | 5 ISHAM PLACE |
| 24 Feb 2023 | £130,874 | £130,000 | 21 ISHAM PLACE |
| 11 Jan 2023 | £114,305 | £114,000 | 59 SILOAM PLACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 7 Oct 2013. Using an estimated price of £118,895 means this house is valued at £1,981 per sq meter (£184 per sq foot).
The average size of a house on ISHAM PLACE is 60 sq meters (654 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fore Hamlet |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fore Hamlet |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fore Hamlet |