£267,854
This estimated value is based upon the latest sale price for the house of £215,000 on 3 Apr 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £215,000 | 3 Apr 2019 |
| £195,000 | 23 Jan 2017 |
| £160,000 | 30 Apr 2008 |
| £125,000 | 27 Aug 2004 |
| £63,500 | 22 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 959 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 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £215,000 results in an estimated price of approximately £267,854.
| 3 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £215,000 | £52,854 | £267,854 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | 38.119 % | £81,956 | £296,956 |
| 3 Month Average | 17.051 % | £36,659 | £251,659 |
| 6 Month Average | 10.751 % | £23,114 | £238,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £193,490 | £190,000 | 16 PHILIP ROAD |
| 26 Jun 2023 | £193,885 | £190,000 | 6 PHILIP ROAD |
| 1 Mar 2023 | £130,174 | £128,000 | 11 SELWYN CLOSE |
| 17 Feb 2023 | £216,446 | £215,000 | 88 RECTORY ROAD |
| 2 Sep 2022 | £199,866 | £200,000 | 73 RECTORY ROAD |
This house has a floor area of 89 sq meters or 959 sq feet when measured on 7 Jan 2011. Using an estimated price of £267,854 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on RECTORY ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Seymour Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Selwyn Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selwyn Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selwyn Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selwyn Close |