£291,282
This estimated value is based upon the latest sale price for the house of £230,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 21 Dec 2017 |
| £153,000 | 6 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2017 the House Price Index for SUFFOLK was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £230,000 results in an estimated price of approximately £291,282.
| 21 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £230,000 | £61,282 | £291,282 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 51.199 % | £117,758 | £347,758 |
| 3 Month Average | 32.932 % | £75,743 | £305,743 |
| 6 Month Average | 37.193 % | £85,543 | £315,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £312,716 | £310,000 | 18 ROSECROFT ROAD |
| 13 Nov 2023 | £297,553 | £290,000 | 2 PALMCROFT ROAD |
| 3 Aug 2023 | £290,235 | £285,000 | 17 PALMCROFT ROAD |
| 10 Feb 2023 | £286,917 | £285,000 | 45 FIRCROFT ROAD |
| 18 Nov 2022 | £278,697 | £280,000 | 61 FIRCROFT ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 1 Feb 2017. Using an estimated price of £291,283 means this house is valued at £3,596 per sq meter (£334 per sq foot).
The average size of a house on CONGREVE ROAD is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Congreve Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Congreve Road |
| Jul 2024 | Other theft | Under investigation | On or near Congreve Road |
| Aug 2024 | Anti-social behaviour | On or near Fircroft Road | |
| Aug 2024 | Anti-social behaviour | On or near Fircroft Road |