£205,047
This estimated value is based upon the latest sale price for the house of £165,000 on 18 Dec 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 18 Dec 2018 |
| £110,000 | 25 Nov 2004 |
| £87,995 | 28 Mar 2003 |
| £59,000 | 9 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2018 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £165,000 results in an estimated price of approximately £205,047.
| 18 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £165,000 | £40,047 | £205,047 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 49.913 % | £82,355 | £247,355 |
| 3 Month Average | 20.899 % | £34,484 | £199,484 |
| 6 Month Average | 26.563 % | £43,828 | £208,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £160,000 | £160,000 | 14 RIVERSIDE ROAD |
| 28 Mar 2024 | £134,060 | £132,000 | 56 FULHAM WAY |
| 14 Dec 2023 | £190,349 | £184,500 | 8 RIVERSIDE ROAD |
| 20 Nov 2023 | £156,985 | £153,000 | 19 RIVERSIDE ROAD |
| 26 Oct 2023 | £266,042 | £260,000 | 46 FULHAM WAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 3 Aug 2018. Using an estimated price of £205,047 means this house is valued at £3,106 per sq meter (£288 per sq foot).
The average size of a house on RIVERSIDE ROAD is 68 sq meters (740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Riverside Road |
| Oct 2024 | Public order | Under investigation | On or near Riverside Road |
| Oct 2024 | Anti-social behaviour | On or near Riverside Road | |
| Oct 2024 | Anti-social behaviour | On or near Riverside Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverside Road |