£198,171
This estimated value is based upon the latest sale price for the house of £58,000 on 13 Jun 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £58,000 | 13 Jun 2001 |
| £48,500 | 1 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 2001 the House Price Index for SUFFOLK was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £58,000 results in an estimated price of approximately £198,171.
| 13 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £58,000 | £140,171 | £198,171 |
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 | 208.451 % | £120,901 | £178,901 |
| 3 Month Average | 194.819 % | £112,994 | £170,994 |
| 6 Month Average | 190.620 % | £110,559 | £168,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £232,015 | £230,000 | 26 BROOM CRESCENT |
| 19 Oct 2023 | £219,997 | £215,000 | 220 LANDSEER ROAD |
| 24 Aug 2023 | £205,914 | £202,200 | 240 LANDSEER ROAD |
| 30 Sep 2022 | £134,910 | £135,000 | 5 CHILDERS COURT |
| 26 Jul 2022 | £193,943 | £192,000 | 17 ROBECK ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 8 Aug 2016. Using an estimated price of £198,171 means this house is valued at £3,810 per sq meter (£354 per sq foot).
The average size of a house on IRELAND ROAD is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ireland Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ireland Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ireland Road |