£230,843
This estimated value is based upon the latest sale price for the house of £157,000 on 18 May 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £157,000 | 18 May 2015 |
| £145,000 | 26 Oct 2007 |
| £124,500 | 23 Jul 2004 |
| £84,950 | 5 Jul 2002 |
| £62,000 | 23 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2015 the House Price Index for SUFFOLK was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £157,000 results in an estimated price of approximately £230,843.
| 18 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £157,000 | £73,843 | £230,843 |
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 | -0.898 % | £-1,409 | £155,590 |
| 3 Month Average | 13.420 % | £21,070 | £178,070 |
| 6 Month Average | 16.618 % | £26,090 | £183,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £378,323 | £371,500 | 7A PARK ROAD |
| 4 Aug 2023 | £208,765 | £205,000 | 47 BROCKESBY WALK |
| 21 Jun 2023 | £379,097 | £371,500 | 61 PARK ROAD |
| 17 Feb 2023 | £483,228 | £480,000 | 14 PARK ROAD |
| 31 Jan 2023 | £206,552 | £206,000 | 20 ASHWELL ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 8 Jul 2015. Using an estimated price of £230,844 means this house is valued at £3,497 per sq meter (£324 per sq foot).
The average size of a house on ASHWELL ROAD is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ashwell Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashwell Road |