£184,802
This estimated value is based upon the latest sale price for the house of £48,500 on 5 May 2000. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £48,500 | 5 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2000 the House Price Index for SUFFOLK was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £48,500 results in an estimated price of approximately £184,802.
| 5 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 149.7 | 281.036 % | £48,500 | £136,302 | £184,802 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | 316.134 % | £153,324 | £201,824 |
| 3 Month Average | 267.352 % | £129,665 | £178,165 |
| 6 Month Average | 256.464 % | £124,384 | £172,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £193,490 | £190,000 | 16 PHILIP ROAD |
| 26 Jun 2023 | £193,885 | £190,000 | 6 PHILIP ROAD |
| 1 Mar 2023 | £130,174 | £128,000 | 11 SELWYN CLOSE |
| 17 Feb 2023 | £216,446 | £215,000 | 88 RECTORY ROAD |
| 2 Sep 2022 | £199,866 | £200,000 | 73 RECTORY ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 10 Apr 2019. Using an estimated price of £184,802 means this house is valued at £2,226 per sq meter (£206 per sq foot).
The average size of a house on RECTORY ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Seymour Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Selwyn Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selwyn Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selwyn Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selwyn Close |