£250,095
This estimated value is based upon the latest sale price for the house of £205,000 on 25 Jun 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £205,000 | 25 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2020 the House Price Index for SUFFOLK was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £205,000 results in an estimated price of approximately £250,095.
| 25 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £205,000 | £45,095 | £250,095 |
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 | 138.915 % | £284,775 | £489,775 |
| 3 Month Average | 22.357 % | £45,831 | £250,831 |
| 6 Month Average | 17.229 % | £35,319 | £240,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £223,000 | £223,000 | 9 PACKARD AVENUE |
| 1 Dec 2023 | £288,877 | £280,000 | 35 RANDS WAY |
| 15 Jun 2023 | £220,417 | £216,000 | 21 FRANKLIN ROAD |
| 13 Jun 2023 | £173,476 | £170,000 | 8F FELIX ROAD |
| 13 Apr 2023 | £142,668 | £140,000 | 47A QUEENS WAY |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 13 Aug 2013. Using an estimated price of £250,096 means this house is valued at £2,500 per sq meter (£232 per sq foot).
The average size of a house on RANDS WAY is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rands Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rands Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rands Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |