£272,747
This estimated value is based upon the latest sale price for the house of £57,500 on 7 May 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£57,500 | 7 May 1998 |
£35,000 | 12 Jan 1995 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,079 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 May 1998 the House Price Index for SUFFOLK was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £57,500 results in an estimated price of approximately £272,747.
7 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 149.7 | 374.343 % | £57,500 | £215,247 | £272,747 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 320.304 % | £184,174 | £241,674 |
3 Month Average | 364.861 % | £209,794 | £267,294 |
6 Month Average | 316.908 % | £182,221 | £239,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2023 | £177,317 | £174,000 | 36 SUFFOLK ROAD |
17 Jun 2022 | £95,031 | £93,000 | FLAT 4 92 CHRISTCHURCH STREET |
15 Jun 2022 | £679,526 | £665,000 | 96 CHRISTCHURCH STREET |
17 Jan 2022 | £190,306 | £179,500 | 64 SUFFOLK ROAD |
17 Dec 2021 | £307,603 | £285,000 | 114 HERVEY STREET |
This house has a floor area of 100 sq meters or 1,079 sq feet when measured on 14 Dec 2011. Using an estimated price of £272,747 means this house is valued at £2,719 per sq meter (£252 per sq foot).
The average size of a house on HERVEY STREET is 81 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kiln Close |
Oct 2024 | Drugs | Under investigation | On or near Hervey Street |
Oct 2024 | Burglary | Under investigation | On or near Vermont Road |
Sep 2024 | Violence and sexual offences | Local resolution | On or near Vermont Road |
Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Vermont Road |