£176,361
This estimated value is based upon the latest sale price for the house of £170,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £170,000 | 8 Apr 2022 |
| £198,800 | 30 Sep 2016 |
| £180,000 | 19 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 105 sq meters or 1,139 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 2022 the House Price Index for SUFFOLK was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £170,000 results in an estimated price of approximately £176,361.
| 8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £170,000 | £6,361 | £176,361 |
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 | -46.056 % | £-78,295 | £91,704 |
| 3 Month Average | -27.739 % | £-47,156 | £122,843 |
| 6 Month Average | -21.498 % | £-36,546 | £133,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £192,000 | £192,000 | FLAT 3 3 FOUNDATION STREET |
| 12 Apr 2024 | £55,482 | £55,000 | FLAT 1 14 - 20 FORE STREET |
| 28 Mar 2024 | £162,497 | £160,000 | 39 UPPER ORWELL STREET |
| 25 Apr 2023 | £122,287 | £120,000 | FLAT 2 NEWBY HOUSE, 4 FORE STREET |
| 24 Jan 2023 | £81,718 | £81,500 | 58 UPPER ORWELL STREET |
This house has a floor area of 105 sq meters or 1,139 sq feet when measured on 26 Jan 2012. Using an estimated price of £176,362 means this house is valued at £1,666 per sq meter (£154 per sq foot).
The average size of a house on FOUNDATION STREET is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orwell Place |
| Jul 2024 | Theft from the person | Unable to prosecute suspect | On or near Orwell Place |
| Apr 2024 | Anti-social behaviour | On or near Orwell Place | |
| Apr 2024 | Anti-social behaviour | On or near Orwell Place | |
| Apr 2024 | Anti-social behaviour | On or near Orwell Place |