£274,502
This estimated value is based upon the latest sale price for the house of £55,000 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £55,000 | 31 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 1997 the House Price Index for SUFFOLK was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £55,000 results in an estimated price of approximately £274,502.
| 31 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £55,000 | £219,502 | £274,502 |
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 | 454.528 % | £249,990 | £304,990 |
| 3 Month Average | 404.260 % | £222,342 | £277,342 |
| 6 Month Average | 371.671 % | £204,419 | £259,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £200,000 | £200,000 | 9 ST LEONARDS ROAD |
| 26 Apr 2024 | £232,015 | £230,000 | 1 ST DAVIDS ROAD |
| 15 Apr 2024 | £297,584 | £295,000 | 23 KING EDWARD ROAD |
| 8 Dec 2023 | £255,346 | £247,500 | 4 FITZMAURICE ROAD |
| 1 Dec 2023 | £237,291 | £230,000 | 18 ST DAVIDS ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 6 Sep 2013. Using an estimated price of £274,502 means this house is valued at £3,191 per sq meter (£296 per sq foot).
The average size of a house on KING EDWARD ROAD is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Possession of weapons | Under investigation | On or near Sports/Recreation Area |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Sports/Recreation Area |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near St Leonards Road |