£215,388
This estimated value is based upon the latest sale price for the house of £84,995 on 29 Nov 2002. 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 Rands Way
More crime details
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| Price Paid | Date |
|---|---|
| £84,995 | 29 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2002 the House Price Index for SUFFOLK was 57.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 153.413%.Applying this 153.413% change to the original purchase price of £84,995 results in an estimated price of approximately £215,388.
| 29 Nov 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 146.7 | 153.413 % | £84,995 | £130,393 | £215,388 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 166.207 % | £141,267 | £226,262 |
| 3 Month Average | 111.440 % | £94,718 | £179,713 |
| 6 Month Average | 128.096 % | £108,874 | £193,869 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 8 Jul 2013.
The average size of a house on RANDS WAY is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Rands Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rands Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gorse Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beatty Road |