£392,166
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£250,000 | 17 Apr 2014 |
Detached |
Freehold |
Floor Area: 165 sq meters or 1,776 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 April 2014 the House Price Index for SUFFOLK was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £250,000 results in an estimated price of approximately £392,166.
17 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £250,000 | £142,166 | £392,166 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 83.008 % | £207,519 | £457,519 |
3 Month Average | 82.558 % | £206,394 | £456,394 |
6 Month Average | 66.725 % | £166,812 | £416,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £205,209 | £200,000 | 52 QUEENS ROAD |
3 Aug 2023 | £259,684 | £255,000 | 39 PRIMROSE DRIVE |
11 Nov 2022 | £358,324 | £360,000 | 67A QUEENS ROAD |
31 Jan 2022 | £182,354 | £172,000 | 69 QUEENS ROAD |
13 Jan 2022 | £169,632 | £160,000 | 73 QUEENS ROAD |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 5 Mar 2019. Using an estimated price of £392,166 means this house is valued at £2,376 per sq meter (£220 per sq foot).
The average size of a house on LONDON ROAD is 97 sq meters (1,053 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lavender Close |
Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
Aug 2024 | Shoplifting | Unable to prosecute suspect | On or near Shopping Area |