£277,742
This estimated value is based upon the latest sale price for the house of £277,000 on 9 Jan 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £277,000 | 9 Jan 2023 |
| £201,000 | 29 Mar 2019 |
| £157,000 | 28 Jan 2019 |
| £67,000 | 15 Dec 2010 |
| £46,000 | 27 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 1,000 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 January 2023 the House Price Index for SUFFOLK was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £277,000 results in an estimated price of approximately £277,742.
| 9 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £277,000 | £742 | £277,742 |
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 | 3.167 % | £8,772 | £285,772 |
| 3 Month Average | 13.994 % | £38,764 | £315,764 |
| 6 Month Average | -5.437 % | £-15,059 | £261,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £216,927 | £212,000 | 1 SUFFOLK ROAD |
| 23 Feb 2023 | £241,614 | £240,000 | 141 NORTHUMBERLAND AVENUE |
| 9 Jan 2023 | £277,742 | £277,000 | 20 SUMMERS ROAD |
| 29 Jun 2022 | £235,024 | £230,000 | 40 SUMMERS ROAD |
| 6 May 2022 | £263,874 | £257,000 | 14 SUFFOLK ROAD |
This house has a floor area of 92 sq meters or 1,000 sq feet when measured on 29 May 2010. Using an estimated price of £277,742 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on SUMMERS ROAD is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Summers Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ion Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ion Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hunter Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Hodson Close |