£211,420
This estimated value is based upon the latest sale price for the house of £154,950 on 28 Apr 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £154,950 | 28 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 April 2016 the House Price Index for SUFFOLK was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £154,950 results in an estimated price of approximately £211,420.
| 28 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £154,950 | £56,470 | £211,420 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 91.964 % | £142,497 | £297,447 |
| 3 Month Average | 50.578 % | £78,370 | £233,320 |
| 6 Month Average | 39.380 % | £61,019 | £215,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £282,338 | £278,000 | 39 SAFFRON CLOSE |
| 18 Dec 2023 | £226,974 | £220,000 | 228 LONDON ROAD |
| 25 Aug 2023 | £178,214 | £175,000 | 203 LONDON ROAD |
| 11 Aug 2023 | £208,765 | £205,000 | 190 PARK VIEW LONDON ROAD |
| 5 Jun 2023 | £193,885 | £190,000 | 130 LONDON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 3 Mar 2016. Using an estimated price of £211,420 means this house is valued at £3,155 per sq meter (£293 per sq foot).
The average size of a house on LONDON ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Parsons Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Parsons Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parsons Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Sweden Place |
| Oct 2024 | Public order | Under investigation | On or near Sweden Place |