£354,443
This estimated value is based upon the latest sale price for the house of £248,000 on 25 Sep 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £248,000 | 25 Sep 2015 |
| £145,000 | 9 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 September 2015 the House Price Index for SUFFOLK was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £248,000 results in an estimated price of approximately £354,443.
| 25 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £248,000 | £106,443 | £354,443 |
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 | 89.875 % | £222,889 | £470,889 |
| 3 Month Average | 55.745 % | £138,248 | £386,248 |
| 6 Month Average | 28.467 % | £70,597 | £318,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £270,000 | £270,000 | 1 FENN CLOSE |
| 15 Dec 2023 | £345,620 | £335,000 | 14 PARK ROAD |
| 27 Jan 2023 | £345,924 | £345,000 | 7 PARK ROAD |
| 17 Oct 2022 | £238,204 | £239,000 | 17 PARK ROAD |
| 18 Aug 2022 | £351,644 | £350,000 | 5 PARK ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 24 Mar 2015. Using an estimated price of £354,443 means this house is valued at £2,881 per sq meter (£267 per sq foot).
The average size of a house on OLD STATION ROAD is 103 sq meters (1,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Station Road |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Road |
| Oct 2024 | Violence and sexual offences | Local resolution | On or near New Cut |