£227,121
This estimated value is based upon the latest sale price for the house of £182,500 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £182,500 | 25 Jan 2019 |
| £128,000 | 11 Dec 2017 |
| £118,750 | 24 Aug 2007 |
| £98,000 | 7 Jan 2005 |
| £43,000 | 28 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 January 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £182,500 results in an estimated price of approximately £227,121.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £182,500 | £44,621 | £227,121 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 33.749 % | £61,591 | £244,091 |
| 3 Month Average | 18.172 % | £33,163 | £215,663 |
| 6 Month Average | 28.637 % | £52,261 | £234,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £160,000 | £160,000 | 14 RIVERSIDE ROAD |
| 28 Mar 2024 | £134,060 | £132,000 | 56 FULHAM WAY |
| 14 Dec 2023 | £190,349 | £184,500 | 8 RIVERSIDE ROAD |
| 20 Nov 2023 | £156,985 | £153,000 | 19 RIVERSIDE ROAD |
| 26 Oct 2023 | £266,042 | £260,000 | 46 FULHAM WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 10 Dec 2015. Using an estimated price of £227,121 means this house is valued at £3,548 per sq meter (£329 per sq foot).
The average size of a house on RIVERSIDE ROAD is 68 sq meters (740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Riverside Road |
| Oct 2024 | Public order | Under investigation | On or near Riverside Road |
| Oct 2024 | Anti-social behaviour | On or near Riverside Road | |
| Oct 2024 | Anti-social behaviour | On or near Riverside Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverside Road |