£146,551
This estimated value is based upon the latest sale price for the house of £135,000 on 8 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been two burglaries within the last year on or near Victoria Road
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| Price Paid | Date |
|---|---|
| £135,000 | 8 Sep 2021 |
| £120,000 | 20 Dec 2013 |
| £114,000 | 28 Sep 2007 |
| £38,000 | 24 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £135,000 results in an estimated price of approximately £146,551.
| 8 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £135,000 | £11,551 | £146,551 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 21.585 % | £29,140 | £164,140 |
| 3 Month Average | 21.765 % | £29,382 | £164,382 |
| 6 Month Average | 14.680 % | £19,818 | £154,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £168,463 | £167,000 | 30 STOWUPLAND ROAD |
| 13 Dec 2023 | £201,182 | £195,000 | 58 VICTORIA ROAD |
| 22 Sep 2023 | £201,952 | £197,500 | 18 STOWUPLAND ROAD |
| 7 Aug 2023 | £290,235 | £285,000 | 61 VICTORIA ROAD |
| 27 Jan 2023 | £160,429 | £160,000 | 17 VICTORIA ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 4 Jun 2020. Using an estimated price of £146,552 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on STOWUPLAND ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Victoria Road |