£186,540
This estimated value is based upon the latest sale price for the house of £54,000 on 5 Mar 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £54,000 | 5 Mar 2001 |
| £25,000 | 17 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 March 2001 the House Price Index for SUFFOLK was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £54,000 results in an estimated price of approximately £186,540.
| 5 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £54,000 | £132,540 | £186,540 |
The Postcode Pricing Model uses changes in average sales price within the IP16 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 | 223.926 % | £120,920 | £174,920 |
| 3 Month Average | 315.824 % | £170,545 | £224,545 |
| 6 Month Average | 325.544 % | £175,793 | £229,793 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Mar 2014.
There is one other house on the street which we know the size of, this is 3 ORCHARD ROAD it is 70.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Orchard Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Central Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Central Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Central Road |
| Dec 2023 | Anti-social behaviour | On or near Central Road |