£296,799
This estimated value is based upon the latest sale price for the house of £240,000 on 22 Apr 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 22 Apr 2020 |
| £47,995 | 30 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 April 2020 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £240,000 results in an estimated price of approximately £296,799.
| 22 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £240,000 | £56,799 | £296,799 |
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 | 9.371 % | £22,490 | £262,490 |
| 3 Month Average | 17.091 % | £41,019 | £281,019 |
| 6 Month Average | 2.498 % | £5,994 | £245,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £301,773 | £292,500 | 1 FAIRFIELD ROAD |
| 17 Feb 2023 | £322,152 | £320,000 | 44 GLOUCESTER ROAD |
| 27 Oct 2022 | £279,068 | £280,000 | 29 FAIRFIELD ROAD |
| 16 Aug 2022 | £271,268 | £270,000 | 23 FAIRFIELD ROAD |
| 16 Mar 2022 | £267,247 | £256,000 | 42 FAIRFIELD ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 12 Sep 2019. Using an estimated price of £296,800 means this house is valued at £3,191 per sq meter (£296 per sq foot).
The average size of a house on GLOUCESTER ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Gloucester Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bernard Crescent |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Clarence Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clarence Road |