£378,795
This estimated value is based upon the latest sale price for the house of £375,000 on 25 Jul 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £375,000 | 25 Jul 2022 |
| £325,000 | 4 Jan 2019 |
| £333,000 | 31 Aug 2017 |
| £297,500 | 18 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2022 the House Price Index for SUFFOLK was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £375,000 results in an estimated price of approximately £378,795.
| 25 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £375,000 | £3,795 | £378,795 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -39.962 % | £-149,855 | £225,144 |
| 3 Month Average | -3.160 % | £-11,848 | £363,151 |
| 6 Month Average | -4.935 % | £-18,506 | £356,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £189,833 | £184,000 | 3 WINDMILL RISE |
| 15 Nov 2023 | £174,428 | £170,000 | 8 WINDMILL RISE |
| 25 Jul 2022 | £378,796 | £375,000 | 25 MILL ROAD |
| 30 Jun 2022 | £260,570 | £255,000 | 26 MILL ROAD |
| 29 Jun 2021 | £245,357 | £227,000 | 19 MILL ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Oct 2015. Using an estimated price of £378,796 means this house is valued at £4,676 per sq meter (£434 per sq foot).
The average size of a house on MILL ROAD is 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mill Road (South) |
| Aug 2024 | Other theft | Action to be taken by another organisation | On or near Drummond Court |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Drummond Court |
| Aug 2024 | Other theft | Action to be taken by another organisation | On or near Drummond Court |
| Jul 2024 | Other theft | Under investigation | On or near Drummond Court |