£742,563
This estimated value is based upon the latest sale price for the house of £688,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £688,000 | 22 Dec 2021 |
| £370,000 | 1 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 December 2021 the House Price Index for SUFFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £688,000 results in an estimated price of approximately £742,563.
| 22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £688,000 | £54,563 | £742,563 |
The Postcode Pricing Model uses changes in average sales price within the IP15 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 | -38.643 % | £-265,863 | £422,136 |
| 3 Month Average | 46.526 % | £320,100 | £1,008,100 |
| 6 Month Average | 20.973 % | £144,295 | £832,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Aug 2024 | £1,300,000 | £1,300,000 | SUILVEN CRESCENT ROAD |
| 19 Jan 2023 | £20,054 | £20,000 | 16 HARTINGTON ROAD |
| 12 Apr 2022 | £858,985 | £828,000 | 12 FAWCETT ROAD |
| 22 Dec 2021 | £742,564 | £688,000 | 40 LEE ROAD |
| 29 Sep 2021 | £944,445 | £870,000 | 15 HARTINGTON ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 6 Oct 2021. Using an estimated price of £742,564 means this house is valued at £6,812 per sq meter (£632 per sq foot).
The average size of a house on LEE ROAD is 151 sq meters (1,629 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near High Street |
| Oct 2024 | Possession of weapons | Awaiting court outcome | On or near High Street |
| Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near High Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crag Path |