£319,950
This estimated value is based upon the latest sale price for the house of £236,500 on 13 May 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £236,500 | 13 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2016 the House Price Index for SUFFOLK was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £236,500 results in an estimated price of approximately £319,950.
| 13 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £236,500 | £83,450 | £319,950 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 80.059 % | £189,339 | £425,839 |
| 3 Month Average | 28.660 % | £67,781 | £304,281 |
| 6 Month Average | 0.163 % | £386 | £236,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £180,000 | £180,000 | 80 EASTGATE STREET |
| 21 Jun 2023 | £303,584 | £297,500 | 38 EAST CLOSE |
| 27 Apr 2023 | £555,388 | £545,000 | 57 EASTGATE STREET |
| 16 Nov 2022 | £726,602 | £730,000 | 2 HOLLOW ROAD |
| 22 Apr 2022 | £217,859 | £210,000 | 78 EASTGATE STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Apr 2016. Using an estimated price of £319,950 means this house is valued at £3,854 per sq meter (£358 per sq foot).
The average size of a house on HOLLOW ROAD is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Eastern Way |
| Apr 2024 | Anti-social behaviour | On or near Eastern Way | |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eastern Way |
| Apr 2024 | Anti-social behaviour | On or near Eastern Way | |
| Apr 2024 | Anti-social behaviour | On or near Eastern Way |