£189,082
This estimated value is based upon the latest sale price for the house of £160,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been two burglaries within the last year on or near Victoria Road
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| Price Paid | Date |
|---|---|
| £160,000 | 23 Oct 2020 |
| £101,500 | 29 Apr 2005 |
| £42,000 | 28 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2020 the House Price Index for SUFFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £160,000 results in an estimated price of approximately £189,082.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £160,000 | £29,082 | £189,082 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 17.760 % | £28,416 | £188,416 |
| 3 Month Average | 12.201 % | £19,522 | £179,522 |
| 6 Month Average | 22.285 % | £35,655 | £195,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £201,182 | £195,000 | 58 VICTORIA ROAD |
| 11 Aug 2023 | £201,637 | £198,000 | 44 CREETING ROAD WEST |
| 7 Aug 2023 | £290,235 | £285,000 | 61 VICTORIA ROAD |
| 27 Jan 2023 | £160,429 | £160,000 | 17 VICTORIA ROAD |
| 16 Sep 2022 | £184,876 | £185,000 | 12 VICTORIA ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Jun 2015. Using an estimated price of £189,083 means this house is valued at £2,626 per sq meter (£243 per sq foot).
The average size of a house on VICTORIA ROAD is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Victoria Road |