£252,931
This estimated value is based upon the latest sale price for the house of £210,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £210,000 | 6 Mar 2020 |
| Semi-Detached |
| 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 March 2020 the House Price Index for SUFFOLK was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £210,000 results in an estimated price of approximately £252,931.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £210,000 | £42,931 | £252,931 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 29.701 % | £62,371 | £272,371 |
| 3 Month Average | 7.400 % | £15,539 | £225,539 |
| 6 Month Average | 8.097 % | £17,003 | £227,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £275,580 | £271,500 | 27 THANET ROAD |
| 17 Mar 2023 | £222,092 | £220,000 | 16 NEWBURY ROAD |
| 20 Jul 2022 | £270,729 | £270,000 | 17 THANET ROAD |
| 13 Jul 2022 | £260,702 | £260,000 | 10 THANET ROAD |
| 7 Dec 2021 | £120,530 | £112,500 | 122 BRITANNIA ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 8 Jan 2020. Using an estimated price of £252,932 means this house is valued at £3,284 per sq meter (£305 per sq foot).
The average size of a house on THANET ROAD is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thanet Road |
| Jan 2024 | Anti-social behaviour | On or near Thanet Road | |
| Jan 2024 | Anti-social behaviour | On or near Thanet Road | |
| Jan 2024 | Anti-social behaviour | On or near Thanet Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Britannia Road |