£116,004
This estimated value is based upon the latest sale price for the house of £80,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £80,000 | 31 Jul 2015 |
| 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 July 2015 the House Price Index for SUFFOLK was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £80,000 results in an estimated price of approximately £116,004.
| 31 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £80,000 | £36,004 | £116,004 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 55.966 % | £44,773 | £124,773 |
| 3 Month Average | 42.267 % | £33,813 | £113,813 |
| 6 Month Average | 38.951 % | £31,161 | £111,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £255,346 | £247,500 | 4 FITZMAURICE ROAD |
| 27 Oct 2023 | £204,648 | £200,000 | 23 RANSOME CRESCENT |
| 9 Jun 2023 | £239,806 | £235,000 | 326 FELIXSTOWE ROAD |
| 1 Apr 2022 | £280,104 | £270,000 | 324 FELIXSTOWE ROAD |
| 11 Mar 2022 | £307,960 | £295,000 | 23 LOCARNO ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Locarno Road |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Shackleton Square |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shackleton Road |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near St Leonards Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Badshah Avenue |