£19,845
This estimated value is based upon the latest sale price for the house of £15,000 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£15,000 | 9 Sep 2016 |
£130,000 | 27 Mar 2008 |
Freehold |
Floor Area: 84 sq meters or 904 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 September 2016 the House Price Index for SUFFOLK was 111.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.303%.Applying this 32.303% change to the original purchase price of £15,000 results in an estimated price of approximately £19,845.
9 Sep 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.0 | 32.303 % | £15,000 | £4,845 | £19,845 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -12.382 % | £-1,857 | £13,142 |
3 Month Average | -12.124 % | £-1,818 | £13,181 |
6 Month Average | 15.250 % | £2,287 | £17,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £273,511 | £270,000 | 107 RAYNHAM ROAD |
2 Jun 2023 | £241,962 | £240,000 | 16 LANCASTER AVENUE |
12 Apr 2023 | £249,857 | £248,000 | 48 TOLLGATE LANE |
30 Jun 2022 | £252,560 | £250,000 | 22 TOLLGATE LANE |
13 May 2022 | £274,074 | £270,000 | 3 KLONDYKE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Jun 2016. Using an estimated price of £19,845 means this house is valued at £236 per sq meter (£21 per sq foot).
The average size of a house on KLONDYKE is 112 sq meters (1,215 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Klondyke |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Klondyke |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Klondyke |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Klondyke |
Feb 2024 | Drugs | Awaiting court outcome | On or near Klondyke |