£279,538
This estimated value is based upon the latest sale price for the house of £192,500 on 3 Jun 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £192,500 | 3 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2015 the House Price Index for SUFFOLK was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £192,500 results in an estimated price of approximately £279,538.
| 3 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £192,500 | £87,038 | £279,538 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -35.385 % | £-68,115 | £124,384 |
| 3 Month Average | 17.924 % | £34,504 | £227,004 |
| 6 Month Average | 33.030 % | £63,582 | £256,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £243,274 | £240,000 | 26 BEARD ROAD |
| 23 Feb 2023 | £239,839 | £240,000 | 141 NORTHUMBERLAND AVENUE |
| 9 Jan 2023 | £275,701 | £277,000 | 20 SUMMERS ROAD |
| 29 Jun 2022 | £233,297 | £230,000 | 40 SUMMERS ROAD |
| 8 Apr 2022 | £182,789 | £177,500 | 148 NORTHUMBERLAND AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Sep 2014. Using an estimated price of £279,539 means this house is valued at £3,038 per sq meter (£282 per sq foot).
The average size of a house on SUMMERS ROAD is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Summers Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Summers Road |
| Dec 2023 | Anti-social behaviour | On or near Ion Road | |
| Dec 2023 | Anti-social behaviour | On or near Ion Road | |
| Dec 2023 | Anti-social behaviour | On or near Ion Road |