£281,665
This estimated value is based upon the latest sale price for the house of £210,000 on 11 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £210,000 | 11 Aug 2016 |
| £130,000 | 31 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 August 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £210,000 results in an estimated price of approximately £281,665.
| 11 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £210,000 | £71,665 | £281,665 |
The Postcode Pricing Model uses changes in average sales price within the IP19 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 | 96.916 % | £203,522 | £413,522 |
| 3 Month Average | 50.305 % | £105,639 | £315,639 |
| 6 Month Average | 31.470 % | £66,087 | £276,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £125,000 | £125,000 | LONG ACRE WISSETT ROAD |
| 24 May 2024 | £270,000 | £270,000 | 1 FENN CLOSE |
| 20 May 2024 | £15,000 | £15,000 | ATHENE COTTAGE WISSETT ROAD |
| 8 May 2024 | £270,000 | £270,000 | WILLOW-DEANE WISSETT ROAD |
| 15 Dec 2023 | £345,620 | £335,000 | 14 PARK ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 May 2012. Using an estimated price of £281,665 means this house is valued at £3,313 per sq meter (£307 per sq foot).
The average size of a house on PARK ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Station Road |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Street | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Street |