£1,160,362
This estimated value is based upon the latest sale price for the house of £745,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £745,000 | 30 May 2014 |
| £325,000 | 15 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 415 sq meters or 4,467 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 2014 the House Price Index for SUFFOLK was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £745,000 results in an estimated price of approximately £1,160,362.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £745,000 | £415,362 | £1,160,362 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 35.274 % | £262,794 | £1,007,794 |
| 3 Month Average | 43.898 % | £327,038 | £1,072,038 |
| 6 Month Average | 64.287 % | £478,934 | £1,223,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £550,000 | £550,000 | 62 HENLEY ROAD |
| 27 Jan 2023 | £78,209 | £78,000 | FLAT 11 HENLEY COURT HENLEY ROAD |
| 30 Jun 2022 | £183,932 | £180,000 | FLAT 17 HENLEY COURT HENLEY ROAD |
| 30 Jun 2022 | £141,014 | £138,000 | FLAT 4 HENLEY COURT HENLEY ROAD |
| 27 Jun 2022 | £587,560 | £575,000 | 3 WOOTTON DRIVE |
This house has a floor area of 415 sq meters or 4,467 sq feet when measured on 23 Jul 2012. Using an estimated price of £1,160,362 means this house is valued at £2,796 per sq meter (£259 per sq foot).
The average size of a house on CONSTITUTION HILL is 166 sq meters (1,790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wootton Drive |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wootton Drive |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Wootton Drive |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elsmere Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodstone Avenue |