£416,133
This estimated value is based upon the latest sale price for the house of £385,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£385,000 | 30 Jun 2021 |
Terraced |
Leasehold |
Floor Area: 79 sq meters or 850 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 June 2021 the House Price Index for SUFFOLK was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £385,000 results in an estimated price of approximately £416,133.
30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £385,000 | £31,133 | £416,133 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 24.745 % | £95,268 | £480,268 |
3 Month Average | 34.270 % | £131,937 | £516,937 |
6 Month Average | 4.098 % | £15,776 | £400,776 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £677,190 | £660,000 | 5 FIELD STILE ROAD |
30 Jun 2023 | £647,986 | £635,000 | MOUNT VIEW STATION ROAD |
12 Apr 2023 | £534,752 | £524,750 | 51 ST EDMUNDS ROAD |
13 Jan 2023 | £124,082 | £123,750 | 1 THE OLD HOSPITAL ST EDMUNDS ROAD |
2 Sep 2022 | £614,589 | £615,000 | 32 ST EDMUNDS ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Aug 2020. Using an estimated price of £416,134 means this house is valued at £5,267 per sq meter (£489 per sq foot).
The average size of a house on PIER AVENUE is 122 sq meters (1,314 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near St Edmund'S Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Edmund'S Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Station Road |