£174,297
This estimated value is based upon the latest sale price for the house of £129,950 on 18 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £129,950 | 18 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £129,950 results in an estimated price of approximately £174,297.
| 18 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £129,950 | £44,347 | £174,297 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 54.307 % | £70,571 | £200,521 |
| 3 Month Average | 38.327 % | £49,806 | £179,756 |
| 6 Month Average | 32.972 % | £42,847 | £172,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £194,416 | £190,000 | 34 WOOD CLOSE |
| 16 Oct 2023 | £179,067 | £175,000 | 9 MOUNT ROAD |
| 11 Aug 2023 | £183,306 | £180,000 | 15A SPRUCE DRIVE |
| 31 Jan 2023 | £165,442 | £165,000 | 33 SPRUCE DRIVE |
| 20 Jan 2023 | £135,362 | £135,000 | 20 CEDAR WAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Jul 2015. Using an estimated price of £174,297 means this house is valued at £2,234 per sq meter (£207 per sq foot).
The average size of a house on MOUNT ROAD is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Mount Road |
| Sep 2024 | Drugs | Under investigation | On or near Cedar Way |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Cedar Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wood Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wood Close |