£206,698
This estimated value is based upon the latest sale price for the house of £198,000 on 21 Mar 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £198,000 | 21 Mar 2022 |
| £35,000 | 31 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 718 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 March 2022 the House Price Index for SUFFOLK was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £198,000 results in an estimated price of approximately £206,698.
| 21 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £198,000 | £8,698 | £206,698 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 16.970 % | £33,600 | £231,600 |
| 3 Month Average | 1.580 % | £3,129 | £201,129 |
| 6 Month Average | -13.375 % | £-26,482 | £171,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £50,438 | £50,000 | 12 BURNHAM LODGE OAKSTEAD CLOSE |
| 30 Nov 2023 | £241,121 | £235,000 | 22 UPLAND ROAD |
| 13 Oct 2023 | £247,624 | £242,000 | 9 UPLAND ROAD |
| 24 Mar 2023 | £173,904 | £171,000 | 274 SPRING ROAD |
| 18 Jan 2023 | £132,354 | £132,000 | 27 BURNHAM LODGE OAKSTEAD CLOSE |
This house has a floor area of 66 sq meters or 718 sq feet when measured on 5 Dec 2009. Using an estimated price of £206,699 means this house is valued at £3,096 per sq meter (£287 per sq foot).
The average size of a house on SPRING ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spring Road |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spring Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Oakstead Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upland Road |
| Aug 2024 | Burglary | Under investigation | On or near Ringham Road |