£447,788
This estimated value is based upon the latest sale price for the house of £431,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £431,000 | 14 Jan 2022 |
| £410,000 | 29 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2022 the House Price Index for SUFFOLK was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £431,000 results in an estimated price of approximately £447,788.
| 14 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £431,000 | £16,788 | £447,788 |
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 | -31.702 % | £-136,636 | £294,363 |
| 3 Month Average | -26.097 % | £-112,477 | £318,522 |
| 6 Month Average | -7.355 % | £-31,699 | £399,300 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 4 Oct 2017.
The average size of a house on PHILIP ROAD is 136 sq meters (1,472 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tollgate Lane |
| Mar 2024 | Drugs | Under investigation | On or near Tollgate Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tollgate Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bunbury Road |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Bunbury Road |