£116,443
This estimated value is based upon the latest sale price for the house of £45,950 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£45,950 | 29 Nov 2002 |
£59,500 | 1 Mar 2002 |
Semi-Detached |
Leasehold |
Floor Area: 30 sq meters or 322 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 November 2002 the House Price Index for SUFFOLK was 57.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 153.413%.Applying this 153.413% change to the original purchase price of £45,950 results in an estimated price of approximately £116,443.
29 Nov 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 146.7 | 153.413 % | £45,950 | £70,493 | £116,443 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 110.272 % | £50,669 | £96,619 |
3 Month Average | 118.444 % | £54,424 | £100,374 |
6 Month Average | 152.785 % | £70,204 | £116,154 |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 1 Oct 2021.
The average size of a house on TOWN GREEN is 50 sq meters (548 sq feet).
This house is the smallest in the street with a floor area of 30 sq meters (322 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Town Green |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Green |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Town Green |
Feb 2024 | Possession of weapons | Under investigation | On or near Elm Road |
Feb 2024 | Anti-social behaviour | On or near Windermere Road |