£220,417
This estimated value is based upon the latest sale price for the house of £216,000 on 15 Jun 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £216,000 | 15 Jun 2023 |
| £118,000 | 4 Nov 2014 |
| £100,000 | 1 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2023 the House Price Index for SUFFOLK was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £216,000 results in an estimated price of approximately £220,417.
| 15 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £216,000 | £4,417 | £220,417 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 18.450 % | £39,851 | £255,851 |
| 3 Month Average | 1.115 % | £2,407 | £218,407 |
| 6 Month Average | -2.893 % | £-6,248 | £209,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £204,648 | £200,000 | 23 RANSOME CRESCENT |
| 15 Jun 2023 | £220,417 | £216,000 | 21 FRANKLIN ROAD |
| 28 Apr 2023 | £249,670 | £245,000 | 11 FRANKLIN ROAD |
| 13 Apr 2023 | £142,668 | £140,000 | 47A QUEENS WAY |
| 1 Feb 2023 | £246,044 | £244,400 | 9 SHACKLETON ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Mar 2014. Using an estimated price of £220,417 means this house is valued at £2,533 per sq meter (£235 per sq foot).
The average size of a house on FRANKLIN ROAD is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Drake Square North |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Drake Square North |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Franklin Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklin Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Franklin Road |