£295,665
This estimated value is based upon the latest sale price for the house of £285,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £285,000 | 29 Apr 2022 |
| £139,500 | 6 May 2011 |
| £168,000 | 21 Nov 2005 |
| £120,000 | 18 Jul 2005 |
| £60,000 | 11 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 April 2022 the House Price Index for SUFFOLK was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £285,000 results in an estimated price of approximately £295,665.
| 29 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £285,000 | £10,665 | £295,665 |
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 | -13.899 % | £-39,610 | £245,389 |
| 3 Month Average | 5.145 % | £14,663 | £299,663 |
| 6 Month Average | -10.785 % | £-30,736 | £254,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £277,032 | £270,000 | 107 RAYNHAM ROAD |
| 2 Oct 2023 | £172,928 | £169,000 | 34 STEPHENSON PLACE |
| 27 Mar 2023 | £142,378 | £140,000 | 121 RAYNHAM ROAD |
| 4 Oct 2022 | £518,269 | £520,000 | 20 STEPHENSON PLACE |
| 19 Aug 2022 | £278,804 | £277,500 | 61 RAYNHAM ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Jul 2018. Using an estimated price of £295,665 means this house is valued at £3,519 per sq meter (£327 per sq foot).
The average size of a house on RAYNHAM ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raynham Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Raynham Road |
| Jun 2024 | Burglary | Awaiting court outcome | On or near Northgate Avenue |
| Jun 2024 | Burglary | Awaiting court outcome | On or near Northgate Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Avenue Approach |