£152,382
This estimated value is based upon the latest sale price for the house of £122,500 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £122,500 | 1 Jun 2018 |
| £80,000 | 10 Aug 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 692 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 2018 the House Price Index for SUFFOLK was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £122,500 results in an estimated price of approximately £152,382.
| 1 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £122,500 | £29,882 | £152,382 |
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 | 47.703 % | £58,435 | £180,935 |
| 3 Month Average | 21.910 % | £26,839 | £149,339 |
| 6 Month Average | 19.644 % | £24,064 | £146,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2022 | £138,128 | £138,500 | 259 DUKE STREET |
| 27 May 2022 | £117,310 | £115,100 | 253 DUKE STREET |
| 11 May 2022 | £124,343 | £122,000 | 265 DUKE STREET |
| 29 Apr 2022 | £166,827 | £162,000 | 30 POWNALL ROAD |
| 21 Jan 2022 | £84,193 | £80,000 | 17 POWNALL ROAD |
This house has a floor area of 64 sq meters or 692 sq feet when measured on 17 Mar 2011. Using an estimated price of £152,383 means this house is valued at £2,369 per sq meter (£220 per sq foot).
The average size of a house on POWNALL ROAD is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Duke Street | |
| Mar 2024 | Anti-social behaviour | On or near Duke Street |