£295,742
This estimated value is based upon the latest sale price for the house of £173,800 on 20 Oct 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £173,800 | 20 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 October 2006 the House Price Index for SUFFOLK was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £173,800 results in an estimated price of approximately £295,742.
| 20 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £173,800 | £121,942 | £295,742 |
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 | 73.682 % | £128,058 | £301,858 |
| 3 Month Average | 57.346 % | £99,667 | £273,467 |
| 6 Month Average | 50.675 % | £88,073 | £261,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £137,573 | £135,000 | 58 FORE HAMLET |
| 14 Apr 2023 | £138,592 | £136,000 | 92 SILOAM PLACE |
| 12 Apr 2023 | £105,982 | £104,000 | 98 SILOAM PLACE |
| 22 Mar 2023 | £111,868 | £110,000 | 11 MYRTLE ROAD |
| 11 Jan 2023 | £114,305 | £114,000 | 59 SILOAM PLACE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 18 Oct 2021. Using an estimated price of £295,743 means this house is valued at £4,694 per sq meter (£436 per sq foot).
The average size of a house on FORE HAMLET is 62 sq meters (675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near A1156 |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near A1156 |
| Sep 2024 | Drugs | Local resolution | On or near A1156 |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A1156 |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A1156 |