£375,831
This estimated value is based upon the latest sale price for the house of £305,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £305,000 | 29 May 2020 |
| £249,950 | 10 Oct 2003 |
| £79,500 | 19 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 May 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £305,000 results in an estimated price of approximately £375,831.
| 29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £305,000 | £70,831 | £375,831 |
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 | 93.424 % | £284,944 | £589,944 |
| 3 Month Average | 23.468 % | £71,576 | £376,576 |
| 6 Month Average | 12.251 % | £37,364 | £342,364 |
| 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 |
| 10 Feb 2023 | £169,633 | £168,500 | 2 CHURCH CLOSE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 9 Jul 2015. Using an estimated price of £375,832 means this house is valued at £2,539 per sq meter (£235 per sq foot).
The average size of a house on LONDON ROAD is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near St Peter'S Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peter'S Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peter'S Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peter'S Place |
| Sep 2024 | Public order | Under investigation | On or near St Peter'S Place |