£205,404
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Mar 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £120,000 | 19 Mar 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2010 the House Price Index for SUFFOLK was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £120,000 results in an estimated price of approximately £205,404.
| 19 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £120,000 | £85,404 | £205,404 |
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 | 113.267 % | £135,920 | £255,920 |
| 3 Month Average | 83.368 % | £100,041 | £220,041 |
| 6 Month Average | 69.047 % | £82,856 | £202,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £186,498 | £186,000 | 29 FLETCHER ROAD |
| 29 Apr 2022 | £264,543 | £255,000 | 35 RAEBURN ROAD |
| 20 Apr 2022 | £226,158 | £218,000 | 52 ROMNEY ROAD |
| 21 Jan 2022 | £185,535 | £175,000 | 82 ROMNEY ROAD |
| 12 Nov 2021 | £234,247 | £215,000 | 88 ROMNEY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 1 Dec 2021. Using an estimated price of £205,404 means this house is valued at £2,257 per sq meter (£209 per sq foot).
The average size of a house on ROMNEY ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Reynolds Road |
| Oct 2024 | Public order | Under investigation | On or near Romney Road |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Romney Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Road |