£338,216
This estimated value is based upon the latest sale price for the house of £275,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 14 Sep 2018 |
| £240,000 | 21 Jul 2015 |
| £48,320 | 30 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 September 2018 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £275,000 results in an estimated price of approximately £338,216.
| 14 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £275,000 | £63,216 | £338,216 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -18.781 % | £-51,648 | £223,351 |
| 3 Month Average | -18.087 % | £-49,740 | £225,259 |
| 6 Month Average | 3.280 % | £9,020 | £284,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £182,139 | £183,000 | 7 LAKE AVENUE |
| 30 Jan 2023 | £203,215 | £205,000 | 40 SEVERN ROAD |
| 26 May 2022 | £163,429 | £161,000 | 11 ANSELM AVENUE |
| 12 May 2022 | £244,636 | £241,000 | 33 SEVERN ROAD |
| 20 Dec 2021 | £272,098 | £255,000 | 6 ANSELM AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 6 May 2015. Using an estimated price of £338,217 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on WAVENEY ROAD is 147 sq meters (1,582 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Waveney Road | |
| Mar 2024 | Anti-social behaviour | On or near Waveney Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Anselm Avenue |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Anselm Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Anselm Avenue |