£257,925
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Dec 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 4 Dec 2023 |
| £123,000 | 7 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2023 the House Price Index for SUFFOLK was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £250,000 results in an estimated price of approximately £257,925.
| 4 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £250,000 | £7,925 | £257,925 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 19.555 % | £48,886 | £298,886 |
| 3 Month Average | 20.882 % | £52,204 | £302,204 |
| 6 Month Average | 14.234 % | £35,584 | £285,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £211,840 | £210,000 | 21 BURKE ROAD |
| 25 Mar 2024 | £220,386 | £217,000 | 38 BURKE ROAD |
| 4 Dec 2023 | £257,926 | £250,000 | 16 MACAULAY ROAD |
| 23 Jun 2023 | £219,397 | £215,000 | 17 BURKE ROAD |
| 14 Jun 2023 | £204,090 | £200,000 | 39 GARRICK WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 May 2013. Using an estimated price of £257,926 means this house is valued at £3,224 per sq meter (£299 per sq foot).
The average size of a house on MACAULAY ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Kingsley Close | |
| Aug 2024 | Anti-social behaviour | On or near Kingsley Close | |
| Aug 2024 | Anti-social behaviour | On or near Kingsley Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsley Close |
| Jul 2024 | Anti-social behaviour | On or near Kingsley Close |