£219,596
This estimated value is based upon the latest sale price for the house of £180,000 on 2 Jun 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £180,000 | 2 Jun 2020 |
| £129,000 | 28 Sep 2012 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 June 2020 the House Price Index for SUFFOLK was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £180,000 results in an estimated price of approximately £219,596.
| 2 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £180,000 | £39,596 | £219,596 |
The Postcode Pricing Model uses changes in average sales price within the IP16 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 | 11.606 % | £20,890 | £200,890 |
| 3 Month Average | -7.855 % | £-14,138 | £165,861 |
| 6 Month Average | 6.964 % | £12,534 | £192,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jul 2024 | £110,000 | £110,000 | 51 SEAWARD AVENUE |
| 8 Mar 2024 | £213,277 | £210,000 | 28 HEATH VIEW |
| 13 Nov 2023 | £225,730 | £220,000 | 8 SYLVESTER ROAD |
| 12 Sep 2023 | £189,170 | £185,000 | 13 KING GEORGES AVENUE |
| 3 Apr 2023 | £198,717 | £195,000 | 45 KING GEORGES AVENUE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 6 Jan 2020. Using an estimated price of £219,596 means this house is valued at £4,574 per sq meter (£425 per sq foot).
The average size of a house on KING GEORGES AVENUE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Paxton Chadwick Close | |
| Sep 2024 | Anti-social behaviour | On or near Paxton Chadwick Close | |
| Sep 2024 | Anti-social behaviour | On or near Paxton Chadwick Close | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Paxton Chadwick Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |