£151,196
This estimated value is based upon the latest sale price for the house of £121,500 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £121,500 | 28 Feb 2019 |
| £87,500 | 16 Jun 2005 |
| £60,000 | 30 Apr 2002 |
| £40,000 | 12 Oct 2000 |
| Terraced |
| Freehold |
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 February 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £121,500 results in an estimated price of approximately £151,196.
| 28 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £121,500 | £29,696 | £151,196 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | -2.304 % | £-2,799 | £118,700 |
| 3 Month Average | 15.658 % | £19,023 | £140,523 |
| 6 Month Average | 27.547 % | £33,469 | £154,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £220,000 | £220,000 | 16 PITCAIRN ROAD |
| 7 Aug 2023 | £254,592 | £250,000 | 29 SPROUGHTON ROAD |
| 2 Aug 2023 | £205,710 | £202,000 | 62 EUSTACE ROAD |
| 10 Mar 2023 | £113,902 | £112,000 | 3 HAMMERSMITH WAY |
| 3 Feb 2023 | £171,143 | £170,000 | 48 EUSTACE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pitcairn Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pitcairn Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pitcairn Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Eustace Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Redhill Close |