£356,685
This estimated value is based upon the latest sale price for the house of £330,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £330,000 | 29 Jun 2021 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 2021 the House Price Index for SUFFOLK was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £330,000 results in an estimated price of approximately £356,685.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £330,000 | £26,685 | £356,685 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | -13.026 % | £-42,984 | £287,015 |
| 3 Month Average | -10.769 % | £-35,537 | £294,462 |
| 6 Month Average | -14.682 % | £-48,450 | £281,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2024 | £145,000 | £145,000 | 209 LANGER ROAD |
| 12 Apr 2024 | £160,393 | £159,000 | 8 LANDGUARD ROAD |
| 25 Mar 2024 | £162,497 | £160,000 | 1 LANDGUARD ROAD |
| 5 Sep 2023 | £415,830 | £406,663 | 12 SUMMIT BUSINESS PARK |
| 25 Aug 2023 | £200,618 | £197,000 | 11 LANDGUARD ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 23 Feb 2016. Using an estimated price of £356,686 means this house is valued at £3,364 per sq meter (£312 per sq foot).
The average size of a house on OLD FORT ROAD is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Unable to prosecute suspect | On or near Old Fort Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Fort Road |
| Aug 2024 | Anti-social behaviour | On or near Old Fort Road | |
| Aug 2024 | Anti-social behaviour | On or near Old Fort Road | |
| Aug 2024 | Anti-social behaviour | On or near Old Fort Road |