£220,370
This estimated value is based upon the latest sale price for the house of £203,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£203,000 | 30 Sep 2021 |
£150,500 | 17 Mar 2017 |
£124,000 | 28 Nov 2014 |
£118,000 | 2 May 2007 |
£111,000 | 2 Aug 2004 |
£87,500 | 7 Oct 2002 |
£31,000 | 10 Mar 1995 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £203,000 results in an estimated price of approximately £220,370.
30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £203,000 | £17,370 | £220,370 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | -11.256 % | £-22,849 | £180,150 |
3 Month Average | -11.213 % | £-22,763 | £180,236 |
6 Month Average | -7.379 % | £-14,979 | £188,020 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £204,648 | £200,000 | 46 MILDEN ROAD |
29 Sep 2023 | £291,424 | £285,000 | 88 LAVENHAM ROAD |
3 Aug 2023 | £295,327 | £290,000 | 60 MILDEN ROAD |
1 Aug 2023 | £207,238 | £203,500 | 43 HONEYSUCKLE GARDENS |
20 Jan 2023 | £185,496 | £185,000 | 3 ARCHANGEL GARDENS |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 11 Aug 2014. Using an estimated price of £220,371 means this house is valued at £4,006 per sq meter (£372 per sq foot).
The average size of a house on LAVENHAM ROAD is 75 sq meters (817 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Columbine Gardens |
Apr 2024 | Anti-social behaviour | On or near Columbine Gardens | |
Apr 2024 | Anti-social behaviour | On or near Columbine Gardens | |
Apr 2024 | Anti-social behaviour | On or near Columbine Gardens | |
Apr 2024 | Anti-social behaviour | On or near Columbine Gardens |