£394,339
This estimated value is based upon the latest sale price for the house of £325,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £325,000 | 20 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 March 2020 the House Price Index for SUFFOLK was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £325,000 results in an estimated price of approximately £394,339.
| 20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £325,000 | £69,339 | £394,339 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | 40.416 % | £131,350 | £456,350 |
| 3 Month Average | 15.939 % | £51,802 | £376,802 |
| 6 Month Average | 5.253 % | £17,070 | £342,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £149,803 | £146,000 | 46 OLDFIELD ROAD |
| 22 Sep 2023 | £240,297 | £235,000 | 26 OLDFIELD ROAD |
| 8 Sep 2023 | £164,629 | £161,000 | 41 OLDFIELD ROAD |
| 11 Aug 2023 | £188,398 | £185,000 | 30 OLDFIELD ROAD |
| 29 Jun 2023 | £275,521 | £270,000 | 1 SOUTHGATE ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 25 Oct 2019. Using an estimated price of £394,340 means this house is valued at £3,429 per sq meter (£318 per sq foot).
The average size of a house on DEVLIN ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Devlin Road | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Devlin Road |
| May 2024 | Public order | Unable to prosecute suspect | On or near Devlin Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Oldfield Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oldfield Road |