£272,323
This estimated value is based upon the latest sale price for the house of £262,500 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £262,500 | 8 Apr 2022 |
| £145,000 | 25 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 April 2022 the House Price Index for SUFFOLK was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £262,500 results in an estimated price of approximately £272,323.
| 8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £262,500 | £9,823 | £272,323 |
The Postcode Pricing Model uses changes in average sales price within the IP19 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 | 59.068 % | £155,054 | £417,554 |
| 3 Month Average | 18.000 % | £47,249 | £309,749 |
| 6 Month Average | -0.715 % | £-1,876 | £260,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £125,000 | £125,000 | LONG ACRE WISSETT ROAD |
| 20 May 2024 | £15,000 | £15,000 | ATHENE COTTAGE WISSETT ROAD |
| 18 Dec 2023 | £268,243 | £260,000 | 8 RECTORY GREEN |
| 9 Nov 2023 | £287,293 | £280,000 | 9 MILL HILL DRIVE |
| 13 Oct 2023 | £267,066 | £261,000 | 19 RECTORY STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 17 Aug 2015. Using an estimated price of £272,323 means this house is valued at £4,126 per sq meter (£383 per sq foot).
The average size of a house on MILL HILL DRIVE is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Rectory Street | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Street | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Street | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Street | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Street |