£311,948
This estimated value is based upon the latest sale price for the house of £140,000 on 10 Nov 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near A1065
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| Price Paid | Date |
|---|---|
| £140,000 | 10 Nov 2003 |
| £115,000 | 10 Nov 2003 |
| £55,000 | 27 Mar 1997 |
| £52,000 | 27 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 217 sq meters or 2,335 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 November 2003 the House Price Index for SUFFOLK was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £140,000 results in an estimated price of approximately £311,948.
| 10 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £140,000 | £171,948 | £311,948 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 116.408 % | £162,970 | £302,970 |
| 3 Month Average | 103.103 % | £144,344 | £284,344 |
| 6 Month Average | 95.559 % | £133,782 | £273,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £151,314 | £150,000 | 137 LONDON ROAD |
| 13 Dec 2023 | £196,023 | £190,000 | 99 ROWAN DRIVE |
| 5 Jun 2023 | £193,885 | £190,000 | 130 LONDON ROAD |
| 21 Mar 2023 | £244,076 | £240,000 | 175 LONDON ROAD |
| 21 Mar 2023 | £223,736 | £220,000 | 14 CORONATION PLACE |
This house has a floor area of 217 sq meters or 2,335 sq feet when measured on 21 May 2013. Using an estimated price of £311,948 means this house is valued at £1,437 per sq meter (£133 per sq foot).
The average size of a house on LONDON ROAD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near A1065 |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near A1065 |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Sandgalls |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Sandgalls |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Place |