£253,257
This estimated value is based upon the latest sale price for the house of £205,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £205,000 | 11 Oct 2019 |
| £125,000 | 2 Nov 2007 |
| £120,000 | 28 Jul 2005 |
| £124,995 | 21 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 October 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £205,000 results in an estimated price of approximately £253,257.
| 11 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £205,000 | £48,257 | £253,257 |
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 | 17.827 % | £36,546 | £241,546 |
| 3 Month Average | 14.521 % | £29,767 | £234,767 |
| 6 Month Average | 25.046 % | £51,343 | £256,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2023 | £281,883 | £280,000 | 51 TOWER MILL ROAD |
| 4 Feb 2022 | £258,832 | £245,000 | 9 MILLERS VIEW |
| 29 Oct 2021 | £278,667 | £250,000 | 5 MILLERS VIEW |
| 30 Sep 2021 | £271,392 | £250,000 | 19 TANNERS VIEW |
| 23 Sep 2021 | £217,114 | £200,000 | 21 DHOBI PLACE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 4 Feb 2019. Using an estimated price of £253,257 means this house is valued at £2,241 per sq meter (£208 per sq foot).
The average size of a house on MILLERS VIEW is 105 sq meters (1,137 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Millers View |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Tower Mill Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Farina Close |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Farina Close |
| Jul 2024 | Theft from the person | Unable to prosecute suspect | On or near Farina Close |