£185,243
This estimated value is based upon the latest sale price for the house of £160,000 on 1 Jul 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £160,000 | 1 Jul 2021 |
| £102,500 | 3 Feb 2009 |
| £99,400 | 12 Aug 2005 |
| £88,500 | 5 Jan 2004 |
| Terraced |
| Freehold |
| 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 July 2021 the House Price Index for SUFFOLK was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £160,000 results in an estimated price of approximately £185,243.
| 1 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £160,000 | £25,243 | £185,243 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 30.917 % | £49,467 | £209,467 |
| 3 Month Average | 5.883 % | £9,412 | £169,412 |
| 6 Month Average | 7.966 % | £12,745 | £172,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £168,463 | £167,000 | 30 STOWUPLAND ROAD |
| 22 Sep 2023 | £201,952 | £197,500 | 18 STOWUPLAND ROAD |
| 11 Aug 2023 | £201,637 | £198,000 | 44 CREETING ROAD WEST |
| 12 Jul 2022 | £287,885 | £285,000 | Q K HONEYCOMB PRODUCTS LTD CREETING ROAD WEST |
| 26 May 2022 | £189,949 | £185,000 | 11 NEWTON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Aug 2019. Using an estimated price of £185,244 means this house is valued at £2,940 per sq meter (£273 per sq foot).
The average size of a house on STOWUPLAND ROAD is 83 sq meters (899 sq feet).