£227,579
This estimated value is based upon the latest sale price for the house of £180,000 on 22 Jan 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£180,000 | 22 Jan 2018 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 January 2018 the House Price Index for SUFFOLK was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £180,000 results in an estimated price of approximately £227,579.
22 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £180,000 | £47,579 | £227,579 |
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 | 26.612 % | £47,902 | £227,902 |
3 Month Average | 35.253 % | £63,456 | £243,456 |
6 Month Average | 38.196 % | £68,753 | £248,753 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £318,074 | £310,000 | 143 CHESTERFIELD DRIVE |
9 Jun 2023 | £268,378 | £263,000 | 5 GOLDSMITH ROAD |
11 Apr 2023 | £254,765 | £250,000 | 107 SHAKESPEARE ROAD |
27 Oct 2022 | £318,935 | £320,000 | 39 STRATFORD ROAD |
2 Sep 2022 | £199,866 | £200,000 | 14 SPENSER ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Sep 2015. Using an estimated price of £227,580 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on BURNS ROAD is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Road |
Sep 2024 | Other crime | Unable to prosecute suspect | On or near Burns Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Road |
Aug 2024 | Anti-social behaviour | On or near Burns Road | |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Burns Road |