£113,696
This estimated value is based upon the latest sale price for the house of £102,000 on 28 Oct 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£102,000 | 28 Oct 2021 |
£116,995 | 22 Dec 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 October 2021 the House Price Index for SUFFOLK was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £102,000 results in an estimated price of approximately £113,696.
28 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £102,000 | £11,696 | £113,696 |
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 | 10.477 % | £10,686 | £112,686 |
3 Month Average | 2.023 % | £2,063 | £104,063 |
6 Month Average | -15.607 % | £-15,918 | £86,081 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £113,000 | £113,000 | 37 ISHAM PLACE |
28 Feb 2023 | £115,773 | £115,000 | 28 SILOAM PLACE |
27 Feb 2023 | £134,901 | £134,000 | 5 ISHAM PLACE |
24 Feb 2023 | £130,874 | £130,000 | 21 ISHAM PLACE |
30 Aug 2022 | £134,127 | £133,500 | 85 POWNALL ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 18 Jul 2014. Using an estimated price of £113,696 means this house is valued at £2,273 per sq meter (£211 per sq foot).
The average size of a house on POWNALL ROAD is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Fore Hamlet |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Fore Hamlet |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Pownall Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Isham Place |