£204,931
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Jan 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£120,000 | 25 Jan 2013 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 2013 the House Price Index for SUFFOLK was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £120,000 results in an estimated price of approximately £204,931.
25 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £120,000 | £84,931 | £204,931 |
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 | 74.973 % | £89,968 | £209,968 |
3 Month Average | 59.994 % | £71,993 | £191,993 |
6 Month Average | 52.136 % | £62,562 | £182,562 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2024 | £135,000 | £135,000 | 18 DOVER ROAD |
30 Jul 2024 | £150,000 | £150,000 | 16 DOVER ROAD |
20 Dec 2023 | £242,450 | £235,000 | 11 DOVER ROAD |
20 Dec 2023 | £234,712 | £227,500 | 166 DOVER ROAD |
19 Dec 2023 | £222,848 | £216,000 | 171 DOVER ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 2 Nov 2012. Using an estimated price of £204,931 means this house is valued at £2,846 per sq meter (£264 per sq foot).
The average size of a house on DOVER ROAD is 78 sq meters (844 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Under investigation | On or near Dover Road |
Oct 2024 | Violence and sexual offences | Local resolution | On or near Dover Road |
Oct 2024 | Public order | Under investigation | On or near Dover Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwald Crescent |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwald Crescent |