£272,536
This estimated value is based upon the latest sale price for the house of £263,000 on 29 Mar 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £263,000 | 29 Mar 2022 |
| £50,000 | 1 Dec 2000 |
| £36,500 | 31 Jan 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £263,000 results in an estimated price of approximately £272,536.
| 29 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £263,000 | £9,536 | £272,536 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 17.982 % | £47,292 | £310,292 |
| 3 Month Average | 7.343 % | £19,310 | £282,310 |
| 6 Month Average | 8.992 % | £23,647 | £286,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £185,128 | £186,000 | 29 FLETCHER ROAD |
| 19 Aug 2022 | £214,423 | £215,000 | 265 LANDSEER ROAD |
| 26 May 2022 | £178,361 | £175,000 | 56 HOGARTH ROAD |
| 29 Apr 2022 | £262,599 | £255,000 | 35 RAEBURN ROAD |
| 20 Apr 2022 | £224,496 | £218,000 | 52 ROMNEY ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 21 May 2021. Using an estimated price of £272,537 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on RAEBURN ROAD is 94 sq meters (1,017 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Raeburn Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Raeburn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raeburn Road |
| Dec 2023 | Anti-social behaviour | On or near Raeburn Road | |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Raeburn Road |