£859,521
This estimated value is based upon the latest sale price for the house of £840,000 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £840,000 | 6 Oct 2023 |
| £470,000 | 11 Dec 2019 |
| £114,000 | 15 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 2023 the House Price Index for SUFFOLK was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £840,000 results in an estimated price of approximately £859,521.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £840,000 | £19,521 | £859,521 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -29.109 % | £-244,515 | £595,484 |
| 3 Month Average | -11.801 % | £-99,128 | £740,871 |
| 6 Month Average | -7.446 % | £-62,543 | £777,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £371,413 | £360,000 | 38 PARK ROAD |
| 6 Oct 2023 | £859,521 | £840,000 | 41 WESTBURY AVENUE |
| 18 Aug 2023 | £378,323 | £371,500 | 7A PARK ROAD |
| 21 Jun 2023 | £379,097 | £371,500 | 61 PARK ROAD |
| 17 Feb 2023 | £483,228 | £480,000 | 14 PARK ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 1 Aug 2012. Using an estimated price of £859,521 means this house is valued at £6,273 per sq meter (£582 per sq foot).
The average size of a house on WESTBURY AVENUE is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westbury Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grafton Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadogan Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Cadogan Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Westley Road |