£390,201
This estimated value is based upon the latest sale price for the house of £242,500 on 14 Jan 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £242,500 | 14 Jan 2014 |
| £175,000 | 9 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,048 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 January 2014 the House Price Index for SUFFOLK was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £242,500 results in an estimated price of approximately £390,201.
| 14 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £242,500 | £147,701 | £390,201 |
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 | 1.894 % | £4,592 | £247,092 |
| 3 Month Average | 26.045 % | £63,158 | £305,658 |
| 6 Month Average | 25.589 % | £62,052 | £304,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £341,000 | £341,000 | 7 COLLEGE LANE |
| 12 Apr 2024 | £121,051 | £120,000 | 5 CHURCH WALKS |
| 14 Aug 2023 | £636,480 | £625,000 | 20 CHURCH WALKS |
| 28 Oct 2022 | £323,918 | £325,000 | 24 BRIDEWELL LANE |
| 12 Aug 2022 | £276,292 | £275,000 | 43 COLLEGE STREET |
This house has a floor area of 97 sq meters or 1,048 sq feet when measured on 25 Feb 2009. Using an estimated price of £390,201 means this house is valued at £4,006 per sq meter (£372 per sq foot).
The average size of a house on COLLEGE STREET is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finsbury Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Finsbury Place |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bridewell Lane |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bridewell Lane |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Westgate Street |