£120,563
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £120,000 | 31 Aug 2022 |
| £45,000 | 9 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 96 sq meters or 1,037 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 2022 the House Price Index for SUFFOLK was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £120,000 results in an estimated price of approximately £120,563.
| 31 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £120,000 | £563 | £120,563 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | -18.939 % | £-22,726 | £97,273 |
| 3 Month Average | 3.072 % | £3,686 | £123,686 |
| 6 Month Average | 10.831 % | £12,997 | £132,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £347,902 | £340,000 | 52 WARRINGTON ROAD |
| 10 Mar 2023 | £203,397 | £200,000 | FLAT 5 57 HENLEY ROAD |
| 18 Jan 2023 | £391,045 | £390,000 | FLAT 2 57 HENLEY ROAD |
| 31 Aug 2022 | £120,564 | £120,000 | FLAT 15 21 CONSTITUTION HILL |
| 18 Jul 2022 | £676,781 | £670,000 | 47 HENLEY ROAD |
This house has a floor area of 96 sq meters or 1,037 sq feet when measured on 25 Oct 2010. Using an estimated price of £120,564 means this house is valued at £1,250 per sq meter (£116 per sq foot).
The average size of a house on CONSTITUTION HILL is 166 sq meters (1,790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near St Edmund'S Place |
| Jul 2024 | Theft from the person | Unable to prosecute suspect | On or near St Edmund'S Place |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wootton Drive |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Wootton Drive |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wootton Drive |