£432,256
This estimated value is based upon the latest sale price for the house of £340,000 on 3 Oct 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £340,000 | 3 Oct 2017 |
| £154,995 | 1 Mar 2002 |
| £60,000 | 14 Feb 2000 |
| £77,500 | 14 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2017 the House Price Index for SUFFOLK was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £340,000 results in an estimated price of approximately £432,256.
| 3 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £340,000 | £92,256 | £432,256 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 22.283 % | £75,762 | £415,762 |
| 3 Month Average | 28.278 % | £96,144 | £436,144 |
| 6 Month Average | 7.385 % | £25,109 | £365,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £251,681 | £250,000 | 89 HERVEY STREET |
| 11 Nov 2022 | £204,046 | £205,000 | 12 HERVEY STREET |
| 1 Aug 2022 | £150,705 | £150,000 | 18 HERVEY STREET |
| 20 Jun 2022 | £488,441 | £478,000 | 74 CHRISTCHURCH STREET |
| 17 Jun 2022 | £95,031 | £93,000 | FLAT 4 92 CHRISTCHURCH STREET |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 28 Jul 2015. Using an estimated price of £432,256 means this house is valued at £3,044 per sq meter (£282 per sq foot).
The average size of a house on HERVEY STREET is 81 sq meters (882 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,528 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Hervey Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Christchurch Street |