£236,705
This estimated value is based upon the latest sale price for the house of £185,000 on 25 Aug 2017. 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 Hill House Road
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| Price Paid | Date |
|---|---|
| £185,000 | 25 Aug 2017 |
| £125,000 | 8 Dec 2009 |
| £96,500 | 28 Jul 2003 |
| £41,500 | 27 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 875 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 August 2017 the House Price Index for SUFFOLK was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £185,000 results in an estimated price of approximately £236,705.
| 25 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £185,000 | £51,705 | £236,705 |
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 | 22.675 % | £41,948 | £226,948 |
| 3 Month Average | 16.144 % | £29,865 | £214,865 |
| 6 Month Average | 15.952 % | £29,510 | £214,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £250,000 | £250,000 | 59 GROVE LANE |
| 2 Apr 2024 | £188,638 | £187,000 | 69 GROVE LANE |
| 9 Nov 2023 | £205,209 | £200,000 | 34 GROVE LANE |
| 29 Sep 2023 | £245,410 | £240,000 | 76 GROVE LANE |
| 25 Aug 2023 | £280,051 | £275,000 | 25 GROVE LANE |
This house has a floor area of 81 sq meters or 875 sq feet when measured on 7 Sep 2009. Using an estimated price of £236,706 means this house is valued at £2,911 per sq meter (£270 per sq foot).
The average size of a house on HILL HOUSE ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Hill House Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hill House Road |
| Jun 2024 | Public order | Under investigation | On or near Hill House Road |
| Jun 2024 | Anti-social behaviour | On or near Hill House Road | |
| Jun 2024 | Anti-social behaviour | On or near Hill House Road |