£220,297
This estimated value is based upon the latest sale price for the house of £126,550 on 22 Jul 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £126,550 | 22 Jul 2011 |
| £108,000 | 26 Sep 2003 |
| £60,000 | 25 Feb 2000 |
| £44,000 | 26 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 48 sq meters or 516 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 July 2011 the House Price Index for SUFFOLK was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £126,550 results in an estimated price of approximately £220,297.
| 22 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £126,550 | £93,747 | £220,297 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | 16.513 % | £20,897 | £147,447 |
| 3 Month Average | 36.920 % | £46,722 | £173,272 |
| 6 Month Average | 42.558 % | £53,856 | £180,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £271,159 | £265,000 | 15 BROAD MEADOW |
| 21 Apr 2023 | £195,660 | £192,000 | 33 BROAD MEADOW |
| 24 Feb 2023 | £337,253 | £335,000 | 50 BROAD MEADOW |
| 27 Jan 2023 | £295,790 | £295,000 | 17 BROAD MEADOW |
| 31 Jan 2022 | £374,250 | £353,000 | 38 BROAD MEADOW |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 11 Mar 2011. Using an estimated price of £220,298 means this house is valued at £4,589 per sq meter (£426 per sq foot).
The average size of a house on BROAD MEADOW is 76 sq meters (818 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chamberlain Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Innes End |
| Aug 2024 | Other crime | Further investigation is not in the public interest | On or near Innes End |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shepherd Drive |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Magpie Close |