£235,023
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Jun 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 29 Jun 2022 |
| £98,000 | 7 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2022 the House Price Index for SUFFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £230,000 results in an estimated price of approximately £235,023.
| 29 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £230,000 | £5,023 | £235,023 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -31.563 % | £-72,595 | £157,404 |
| 3 Month Average | 15.902 % | £36,574 | £266,574 |
| 6 Month Average | -10.020 % | £-23,044 | £206,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £131,139 | £130,000 | 79 CLAY ROAD |
| 26 Apr 2024 | £221,927 | £220,000 | 75 CLAY ROAD |
| 4 Dec 2023 | £273,401 | £265,000 | 33 BEARD ROAD |
| 17 Aug 2023 | £234,224 | £230,000 | 30 HUNTER ROAD |
| 11 Aug 2023 | £193,490 | £190,000 | 58 CLAY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 25 Nov 2021. Using an estimated price of £235,024 means this house is valued at £2,701 per sq meter (£250 per sq foot).
The average size of a house on SUMMERS ROAD is 109 sq meters (1,183 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ion Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ion Road |