£506,219
This estimated value is based upon the latest sale price for the house of £340,000 on 17 Feb 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £340,000 | 17 Feb 2015 |
| £222,000 | 9 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 February 2015 the House Price Index for SUFFOLK was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £340,000 results in an estimated price of approximately £506,219.
| 17 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £340,000 | £166,219 | £506,219 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 41.493 % | £141,075 | £481,075 |
| 3 Month Average | 51.151 % | £173,914 | £513,914 |
| 6 Month Average | 61.145 % | £207,894 | £547,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £585,000 | £585,000 | 83 DALE HALL LANE |
| 8 Dec 2023 | £392,047 | £380,000 | 24 JUNE AVENUE |
| 1 Dec 2023 | £386,888 | £375,000 | 50 CLIVE AVENUE |
| 18 Aug 2023 | £682,306 | £670,000 | 60 CLIVE AVENUE |
| 8 Jun 2023 | £370,423 | £363,000 | 274 DALES ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 10 Dec 2014. Using an estimated price of £506,220 means this house is valued at £3,641 per sq meter (£338 per sq foot).
The average size of a house on DALES ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |