£925,421
This estimated value is based upon the latest sale price for the house of £540,000 on 4 Oct 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £540,000 | 4 Oct 2010 |
| £170,000 | 2 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 October 2010 the House Price Index for SUFFOLK was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £540,000 results in an estimated price of approximately £925,421.
| 4 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £540,000 | £385,421 | £925,421 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 103.049 % | £556,462 | £1,096,462 |
| 3 Month Average | 93.987 % | £507,527 | £1,047,527 |
| 6 Month Average | 58.492 % | £315,854 | £855,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £722,192 | £700,000 | BRICK KILN COTTAGE MARLBOROUGH ROAD |
| 3 Apr 2023 | £713,342 | £700,000 | FLAT 2 26 NORTH PARADE |
| 17 Aug 2022 | £798,735 | £795,000 | 31 MARLBOROUGH ROAD |
| 29 Jul 2022 | £1,515,182 | £1,500,000 | ST OSYTH, 68 NORTH ROAD |
| 29 Apr 2022 | £1,556,133 | £1,500,000 | 46 HOTSON ROAD |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 18 Feb 2010. Using an estimated price of £925,422 means this house is valued at £6,168 per sq meter (£573 per sq foot).
The average size of a house on HOTSON ROAD is 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near North Parade Gardens |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near North Parade Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Parade Gardens |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Parade Gardens |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Parade |