£164,751
This estimated value is based upon the latest sale price for the house of £162,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £162,000 | 24 Mar 2023 |
| £130,000 | 8 Oct 2018 |
| £92,500 | 1 Apr 2010 |
| £39,950 | 7 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 40 sq meters or 433 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 March 2023 the House Price Index for SUFFOLK was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £162,000 results in an estimated price of approximately £164,751.
| 24 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £162,000 | £2,751 | £164,751 |
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 | 34.773 % | £56,332 | £218,332 |
| 3 Month Average | 7.361 % | £11,925 | £173,925 |
| 6 Month Average | -1.657 % | £-2,684 | £159,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £237,291 | £230,000 | 24 RUNNACLES WAY |
| 22 Sep 2023 | £224,959 | £220,000 | 7 RUNNACLES WAY |
| 8 Sep 2023 | £230,072 | £225,000 | 16 THE DOWNS |
| 11 Aug 2023 | £315,694 | £310,000 | 37 RUNNACLES WAY |
| 24 Mar 2023 | £164,751 | £162,000 | 16 GENERALS MEWS |
This house has a floor area of 40 sq meters or 433 sq feet when measured on 25 Mar 2010. Using an estimated price of £164,751 means this house is valued at £4,094 per sq meter (£380 per sq foot).
The average size of a house on GENERALS MEWS is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Generals Mews |
| Oct 2024 | Anti-social behaviour | On or near Rendlesham Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Farm Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Farm Avenue |