£224,959
This estimated value is based upon the latest sale price for the house of £220,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£220,000 | 29 Sep 2023 |
£50,500 | 12 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 September 2023 the House Price Index for SUFFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £220,000 results in an estimated price of approximately £224,959.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £220,000 | £4,959 | £224,959 |
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 | 8.442 % | £18,573 | £238,573 |
3 Month Average | -5.832 % | £-12,831 | £207,168 |
6 Month Average | -6.320 % | £-13,905 | £206,094 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £226,971 | £225,000 | 41 LINDISFARNE ROAD |
29 Sep 2023 | £224,959 | £220,000 | 19 CHEPSTOW ROAD |
31 Mar 2023 | £296,451 | £291,500 | 14 ABBOTSBURY ROAD |
30 Mar 2023 | £244,076 | £240,000 | 47 SHERBORNE ROAD |
29 Mar 2023 | £233,906 | £230,000 | 116 SHERBORNE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 22 May 2012. Using an estimated price of £224,959 means this house is valued at £2,646 per sq meter (£245 per sq foot).
The average size of a house on CHEPSTOW ROAD is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chepstow Road |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Chepstow Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kirkstead Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kirkstead Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bristol Road |