£247,255
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
There has been one burglary within the last year on or near Rands Way
More crime details
Get our free house price tracker.
| 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 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £205,000 results in an estimated price of approximately £247,255.
| 25 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £205,000 | £42,255 | £247,255 |
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 | 158.960 % | £325,868 | £530,868 |
| 3 Month Average | 29.082 % | £59,618 | £264,618 |
| 6 Month Average | 18.553 % | £38,033 | £243,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £285,399 | £280,000 | 35 RANDS WAY |
| 3 Jul 2023 | £222,101 | £220,000 | 11 CONISTON SQUARE EAST |
| 15 Jun 2023 | £217,766 | £216,000 | 21 FRANKLIN ROAD |
| 13 Apr 2023 | £141,048 | £140,000 | 47A QUEENS WAY |
| 20 Jan 2023 | £94,173 | £95,000 | 56A 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 £247,256 means this house is valued at £2,472 per sq meter (£229 per sq foot).
The average size of a house on RANDS WAY is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rands Way |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rands Way |
| Mar 2024 | Burglary | Under investigation | On or near Rands Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nansen Road |
| Feb 2024 | Public order | Formal action is not in the public interest | On or near Nansen Road |