£85,087
This estimated value is based upon the latest sale price for the house of £72,000 on 6 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £72,000 | 6 Oct 2020 |
| £131,000 | 14 Jan 2008 |
| £125,000 | 6 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2020 the House Price Index for SUFFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £72,000 results in an estimated price of approximately £85,087.
| 6 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £72,000 | £13,087 | £85,087 |
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 | 23.915 % | £17,218 | £89,218 |
| 3 Month Average | 6.981 % | £5,026 | £77,026 |
| 6 Month Average | 0.047 % | £33 | £72,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £137,573 | £135,000 | 58 FORE HAMLET |
| 27 Mar 2023 | £203,397 | £200,000 | 9 BACK HAMLET |
| 15 Mar 2023 | £122,038 | £120,000 | 104 BACK HAMLET |
| 20 Feb 2023 | £85,572 | £85,000 | FLAT 2 2 BACK HAMLET |
| 1 Feb 2023 | £88,592 | £88,000 | FLAT 6 2 BACK HAMLET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 5 Sep 2015. Using an estimated price of £85,087 means this house is valued at £1,933 per sq meter (£179 per sq foot).
The average size of a house on BACK HAMLET is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Back Hamlet |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Back Hamlet |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Back Hamlet |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Back Hamlet |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Back Hamlet |