£228,114
This estimated value is based upon the latest sale price for the house of £165,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 8 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 720 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 2016 the House Price Index for SUFFOLK was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £165,000 results in an estimated price of approximately £228,114.
| 8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £165,000 | £63,114 | £228,114 |
The Postcode Pricing Model uses changes in average sales price within the IP19 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 | 152.478 % | £251,589 | £416,589 |
| 3 Month Average | 55.609 % | £91,754 | £256,754 |
| 6 Month Average | 27.709 % | £45,719 | £210,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £123,804 | £120,000 | 29 THE LIMES |
| 5 Oct 2023 | £956,729 | £935,000 | 46 LONDON ROAD |
| 29 Apr 2023 | £254,765 | £250,000 | 2 GARAGE VIEW PLACE |
| 28 Apr 2023 | £122,287 | £120,000 | 19 THE LIMES |
| 21 Mar 2023 | £122,038 | £120,000 | 55 GAINSBOROUGH DRIVE |
This house has a floor area of 66 sq meters or 720 sq feet when measured on 4 Feb 2009. Using an estimated price of £228,115 means this house is valued at £3,406 per sq meter (£316 per sq foot).
The average size of a house on LONDON ROAD is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Babington Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gainsborough Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gainsborough Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Barons Close |