£737,694
This estimated value is based upon the latest sale price for the house of £550,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £550,000 | 12 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 208 sq meters or 2,238 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 August 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £550,000 results in an estimated price of approximately £737,694.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £550,000 | £187,694 | £737,694 |
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 | 3.892 % | £21,404 | £571,404 |
| 3 Month Average | 24.784 % | £136,314 | £686,314 |
| 6 Month Average | 47.614 % | £261,878 | £811,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2024 | £395,000 | £395,000 | 12 ONE HOUSE LANE |
| 12 Jul 2024 | £800,000 | £800,000 | 82 HENLEY ROAD |
| 3 Jun 2024 | £400,000 | £400,000 | 113 HENLEY ROAD |
| 10 Mar 2023 | £594,935 | £585,000 | 5 VERE GARDENS |
| 24 Feb 2023 | £583,900 | £580,000 | 52 DALE HALL LANE |
This house has a floor area of 208 sq meters or 2,238 sq feet when measured on 28 Apr 2016. Using an estimated price of £737,695 means this house is valued at £3,546 per sq meter (£329 per sq foot).
The average size of a house on HENLEY ROAD is 133 sq meters (1,435 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near One House Lane | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near One House Lane |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near One House Lane |
| Sep 2024 | Vehicle crime | Under investigation | On or near Karen Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Grove Henley Road |