£259,988
This estimated value is based upon the latest sale price for the house of £220,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 2 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2020 the House Price Index for SUFFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £220,000 results in an estimated price of approximately £259,988.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £220,000 | £39,988 | £259,988 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 17.116 % | £37,654 | £257,654 |
| 3 Month Average | 8.030 % | £17,665 | £237,665 |
| 6 Month Average | -5.013 % | £-11,028 | £208,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £268,119 | £264,000 | 37 ERNLEIGH ROAD |
| 23 Nov 2023 | £278,571 | £271,500 | 27 THANET ROAD |
| 9 Aug 2022 | £339,186 | £337,600 | 10 ERNLEIGH ROAD |
| 20 Jul 2022 | £272,733 | £270,000 | 17 THANET ROAD |
| 22 Jun 2022 | £301,444 | £295,000 | 89 GORING ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 28 Jan 2020. Using an estimated price of £259,989 means this house is valued at £3,513 per sq meter (£326 per sq foot).
The average size of a house on THANET ROAD is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
| May 2024 | Violence and sexual offences | Under investigation | On or near Ernleigh Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbury Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Newbury Road |