£226,115
This estimated value is based upon the latest sale price for the house of £40,000 on 3 May 1996. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £40,000 | 3 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 1996 the House Price Index for SUFFOLK was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £40,000 results in an estimated price of approximately £226,115.
| 3 May 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £40,000 | £186,115 | £226,115 |
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 | 431.768 % | £172,707 | £212,707 |
| 3 Month Average | 437.333 % | £174,933 | £214,933 |
| 6 Month Average | 514.315 % | £205,725 | £245,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £397,205 | £385,000 | 8 RILEY CLOSE |
| 31 Aug 2023 | £234,224 | £230,000 | 26 CROSSLEY GARDENS |
| 21 Feb 2023 | £271,816 | £270,000 | 14 RILEY CLOSE |
| 27 Oct 2022 | £217,274 | £218,000 | 11 DAIMLER ROAD |
| 1 Jun 2022 | £51,092 | £50,000 | 26A CROSSLEY GARDENS |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 11 Sep 2013. Using an estimated price of £226,116 means this house is valued at £3,832 per sq meter (£356 per sq foot).
The average size of a house on DAIMLER ROAD is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maudslay Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Maudslay Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crossley Gardens |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Antrim Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Antrim Road |