£158,656
This estimated value is based upon the latest sale price for the house of £124,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£124,000 | 25 Aug 2017 |
£130,000 | 14 Feb 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 August 2017 the House Price Index for SUFFOLK was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £124,000 results in an estimated price of approximately £158,656.
25 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 149.7 | 27.949 % | £124,000 | £34,656 | £158,656 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 28.312 % | £35,107 | £159,107 |
3 Month Average | 21.095 % | £26,157 | £150,157 |
6 Month Average | 11.130 % | £13,801 | £137,801 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £119,719 | £117,000 | 229 DUKE STREET |
28 Feb 2023 | £115,773 | £115,000 | 28 SILOAM PLACE |
22 Aug 2022 | £139,151 | £138,500 | 259 DUKE STREET |
27 May 2022 | £118,179 | £115,100 | 253 DUKE STREET |
11 May 2022 | £125,263 | £122,000 | 265 DUKE STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Nov 2008. Using an estimated price of £158,657 means this house is valued at £2,518 per sq meter (£233 per sq foot).
The average size of a house on POWNALL ROAD is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Duke Street | |
Jul 2024 | Anti-social behaviour | On or near Duke Street | |
Jul 2024 | Anti-social behaviour | On or near Duke Street | |
Jul 2024 | Anti-social behaviour | On or near Duke Street | |
Jul 2024 | Anti-social behaviour | On or near Duke Street |