£348,907
This estimated value is based upon the latest sale price for the house of £208,500 on 10 Jul 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £208,500 | 10 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 July 2013 the House Price Index for SUFFOLK was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £208,500 results in an estimated price of approximately £348,907.
| 10 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £208,500 | £140,407 | £348,907 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 8.678 % | £18,094 | £226,594 |
| 3 Month Average | 39.472 % | £82,298 | £290,798 |
| 6 Month Average | 35.096 % | £73,174 | £281,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £189,833 | £184,000 | 3 WINDMILL RISE |
| 15 Nov 2023 | £174,428 | £170,000 | 8 WINDMILL RISE |
| 13 Sep 2023 | £286,311 | £280,000 | 25 HOSPITAL ROAD |
| 25 Jul 2022 | £378,796 | £375,000 | 25 MILL ROAD |
| 30 Jun 2022 | £260,570 | £255,000 | 26 MILL ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 15 Apr 2013. Using an estimated price of £348,908 means this house is valued at £4,531 per sq meter (£420 per sq foot).
The average size of a house on WINDMILL RISE is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Rise |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Windmill Rise |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mill Road (South) |
| Sep 2024 | Other theft | Action to be taken by another organisation | On or near Cornwallis Mews |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Euston Close |