£278,176
This estimated value is based upon the latest sale price for the house of £270,000 on 26 Jan 2024. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £270,000 | 26 Jan 2024 |
| £225,000 | 27 Sep 2017 |
| £76,500 | 18 Feb 2000 |
| £67,000 | 2 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2024 the House Price Index for SUFFOLK was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £270,000 results in an estimated price of approximately £278,176.
| 26 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £270,000 | £8,176 | £278,176 |
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 | 41.004 % | £110,711 | £380,711 |
| 3 Month Average | 12.628 % | £34,095 | £304,095 |
| 6 Month Average | 9.446 % | £25,503 | £295,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £225,000 | £225,000 | 13 PRESTON DRIVE |
| 17 Oct 2022 | £299,001 | £300,000 | 3 PRESTON DRIVE |
| 24 Aug 2022 | £239,620 | £238,500 | 10 TRANMERE GROVE |
| 29 Jul 2022 | £339,401 | £336,000 | 86 BEECHCROFT ROAD |
| 27 May 2022 | £318,292 | £310,000 | 50 PRESTON DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 28 Mar 2017.
The average size of a house on PRESTON DRIVE is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Preston Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charlton Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pinecroft Road |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pinecroft Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechcroft Road |