£326,420
This estimated value is based upon the latest sale price for the house of £190,000 on 29 May 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£190,000 | 29 May 2012 |
Detached |
Freehold |
Floor Area: 80 sq meters or 862 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 May 2012 the House Price Index for SUFFOLK was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £190,000 results in an estimated price of approximately £326,420.
29 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £190,000 | £136,420 | £326,420 |
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 | 138.260 % | £262,694 | £452,694 |
3 Month Average | 62.625 % | £118,988 | £308,988 |
6 Month Average | 28.410 % | £53,978 | £243,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £367,500 | £367,500 | 74 FORNHAM ROAD |
15 Mar 2024 | £152,341 | £150,000 | 21 MERMAID CLOSE |
1 Mar 2022 | £328,839 | £315,000 | 90 FORNHAM ROAD |
27 Aug 2021 | £149,475 | £133,000 | 5 RIVERSIDE COURT BELL MEADOW |
20 Aug 2021 | £188,811 | £168,000 | 19 MERMAID CLOSE |
This house has a floor area of 80 sq meters or 862 sq feet when measured on 2 Mar 2012. Using an estimated price of £326,420 means this house is valued at £4,072 per sq meter (£378 per sq foot).
The average size of a house on BELL MEADOW is 94 sq meters (1,021 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Riverside Court |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Woodford Gardens |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Avenue Approach |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Avenue Approach |
Jul 2024 | Public order | Under investigation | On or near Petrol Station |