£242,079
This estimated value is based upon the latest sale price for the house of £195,000 on 11 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 11 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 October 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £195,000 results in an estimated price of approximately £242,079.
| 11 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £195,000 | £47,079 | £242,079 |
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 | 19.279 % | £37,594 | £232,594 |
| 3 Month Average | 17.680 % | £34,475 | £229,475 |
| 6 Month Average | 18.076 % | £35,247 | £230,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £246,648 | £245,000 | 63 WORCESTER ROAD |
| 9 Jun 2022 | £342,317 | £335,000 | 12 FISHBANE CLOSE |
| 16 Dec 2021 | £253,637 | £235,000 | 57 WORCESTER ROAD |
| 23 Sep 2021 | £298,532 | £275,000 | 21 COLENESS ROAD |
| 10 Jun 2021 | £243,195 | £225,000 | 48 WORCESTER ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 20 Apr 2016. Using an estimated price of £242,079 means this house is valued at £3,724 per sq meter (£345 per sq foot).
The average size of a house on COLENESS ROAD is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Worcester Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Worcester Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Worcester Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Worcester Road |