£497,748
This estimated value is based upon the latest sale price for the house of £375,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £375,000 | 25 Nov 2016 |
| £249,999 | 16 Feb 2006 |
| £150,000 | 14 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 November 2016 the House Price Index for SUFFOLK was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £375,000 results in an estimated price of approximately £497,748.
| 25 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £375,000 | £122,748 | £497,748 |
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 | 6.221 % | £23,330 | £398,330 |
| 3 Month Average | 23.229 % | £87,107 | £462,107 |
| 6 Month Average | 26.049 % | £97,682 | £472,682 |
| 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 134 sq meters or 1,442 sq feet when measured on 18 Apr 2016. Using an estimated price of £497,748 means this house is valued at £3,714 per sq meter (£345 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 |