£231,635
This estimated value is based upon the latest sale price for the house of £187,500 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£187,500 | 29 Mar 2019 |
£107,000 | 13 Dec 2004 |
£57,000 | 14 Feb 2001 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £187,500 results in an estimated price of approximately £231,635.
29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £187,500 | £44,135 | £231,635 |
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 | -4.058 % | £-7,609 | £179,890 |
3 Month Average | -0.487 % | £-913 | £186,586 |
6 Month Average | 10.875 % | £20,390 | £207,890 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £135,736 | £134,000 | FLAT 2 2 JOVIAN WAY |
28 Apr 2023 | £238,569 | £236,000 | 39 DANDALAN CLOSE |
30 Mar 2023 | £302,853 | £300,000 | 118 JOVIAN WAY |
17 Mar 2023 | £138,808 | £137,500 | FLAT 5 2 JOVIAN WAY |
29 Nov 2022 | £222,307 | £225,000 | 30 SPROUGHTON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Sep 2018. Using an estimated price of £231,635 means this house is valued at £3,457 per sq meter (£321 per sq foot).
The average size of a house on SPROUGHTON ROAD is 80 sq meters (866 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Lime Tree Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lime Tree Place |
Mar 2024 | Anti-social behaviour | On or near Lime Tree Place | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thebe Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Thebe Close |