£240,561
This estimated value is based upon the latest sale price for the house of £193,500 on 19 Apr 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £193,500 | 19 Apr 2018 |
| £199,995 | 15 Sep 2017 |
| £164,995 | 31 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 April 2018 the House Price Index for SUFFOLK was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £193,500 results in an estimated price of approximately £240,561.
| 19 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £193,500 | £47,061 | £240,561 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | -4.524 % | £-8,753 | £184,746 |
| 3 Month Average | -13.489 % | £-26,101 | £167,398 |
| 6 Month Average | 10.790 % | £20,877 | £214,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £170,129 | £168,750 | 38 FRANKLIN ROAD |
| 14 Apr 2023 | £312,321 | £310,000 | 41 GILBERT ROAD |
| 24 Nov 2022 | £216,489 | £220,000 | 3 FRANKLIN ROAD |
| 28 Oct 2022 | £280,826 | £285,000 | 41 FRANKLIN ROAD |
| 5 Aug 2022 | £297,982 | £299,995 | 62 FRANKLIN ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 Jun 2015. Using an estimated price of £240,561 means this house is valued at £3,818 per sq meter (£354 per sq foot).
The average size of a house on DRAKE CLOSE is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayflower Avenue |
| Mar 2024 | Anti-social behaviour | On or near Mayflower Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Mayflower Avenue | |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mayflower Avenue |
| Mar 2024 | Anti-social behaviour | On or near Mayflower Avenue |