£156,414
This estimated value is based upon the latest sale price for the house of £126,000 on 15 Nov 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £126,000 | 15 Nov 2018 |
| £129,950 | 5 Apr 2016 |
| £145,000 | 31 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 November 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £126,000 results in an estimated price of approximately £156,414.
| 15 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £126,000 | £30,414 | £156,414 |
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 | 24.734 % | £31,164 | £157,164 |
| 3 Month Average | 15.919 % | £20,057 | £146,057 |
| 6 Month Average | 10.883 % | £13,712 | £139,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £131,026 | £127,000 | 17 TYE ROAD |
| 14 Apr 2023 | £138,592 | £136,000 | 92 SILOAM PLACE |
| 12 Apr 2023 | £105,982 | £104,000 | 98 SILOAM PLACE |
| 11 Jan 2023 | £114,305 | £114,000 | 59 SILOAM PLACE |
| 31 Oct 2022 | £146,511 | £147,000 | 106 SILOAM PLACE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Feb 2016. Using an estimated price of £156,415 means this house is valued at £2,696 per sq meter (£250 per sq foot).
The average size of a house on TYE ROAD is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Trinity Street |