£229,083
This estimated value is based upon the latest sale price for the house of £226,000 on 25 Jul 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£226,000 | 25 Jul 2023 |
£44,500 | 17 May 1996 |
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 July 2023 the House Price Index for SUFFOLK was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £226,000 results in an estimated price of approximately £229,083.
25 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.6 | 1.364 % | £226,000 | £3,083 | £229,083 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -68.093 % | £-153,890 | £72,109 |
3 Month Average | -10.945 % | £-24,735 | £201,264 |
6 Month Average | 5.233 % | £11,827 | £237,827 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2023 | £229,083 | £226,000 | 31 BANKS WALK |
14 Apr 2023 | £237,558 | £235,000 | 42 CAIE WALK |
4 Apr 2023 | £232,503 | £230,000 | 2 BANKS WALK |
23 Mar 2023 | £285,187 | £282,500 | 43 MAYFIELD ROAD |
21 Feb 2023 | £136,408 | £136,500 | 18 BEVIS WALK |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 Feb 2020. Using an estimated price of £229,083 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on BANKS WALK is 110 sq meters (1,190 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redwing Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redwing Road |
Dec 2023 | Other crime | Awaiting court outcome | On or near Redwing Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raven Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Robin Road |