£292,431
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£295,000 | 27 Jan 2023 |
£230,000 | 28 Sep 2018 |
£158,500 | 29 Jul 2005 |
£65,500 | 30 Oct 1998 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,017 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 January 2023 the House Price Index for SUFFOLK was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £295,000 results in an estimated price of approximately £292,431.
27 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.0 | -0.871 % | £295,000 | £-2,568 | £292,431 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | -2.479 % | £-7,313 | £287,686 |
3 Month Average | -10.815 % | £-31,904 | £263,095 |
6 Month Average | 5.038 % | £14,862 | £309,862 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £217,053 | £215,000 | 64 BROAD MEADOW |
24 Feb 2023 | £333,423 | £335,000 | 50 BROAD MEADOW |
27 Jan 2023 | £292,431 | £295,000 | 17 BROAD MEADOW |
31 Jan 2022 | £370,000 | £353,000 | 38 BROAD MEADOW |
10 Dec 2021 | £256,092 | £240,000 | 29 BROAD MEADOW |
This house has a floor area of 94 sq meters or 1,017 sq feet when measured on 11 Jun 2010. Using an estimated price of £292,431 means this house is valued at £3,094 per sq meter (£287 per sq foot).
The average size of a house on BROAD MEADOW is 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Scrivener Drive | |
Mar 2024 | Anti-social behaviour | On or near Scrivener Drive | |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Donald Mackintosh Way |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chamberlain Way |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sports/Recreation Area |