£178,719
This estimated value is based upon the latest sale price for the house of £145,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£145,000 | 7 Feb 2020 |
£124,500 | 15 Sep 2014 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 February 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £145,000 results in an estimated price of approximately £178,719.
7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £145,000 | £33,719 | £178,719 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 8.329 % | £12,077 | £157,077 |
3 Month Average | 22.460 % | £32,566 | £177,566 |
6 Month Average | 8.312 % | £12,052 | £157,052 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £156,174 | £154,818 | 2A KIRBY STREET |
8 Mar 2024 | £106,638 | £105,000 | 10 MILLFIELD GARDENS |
15 Dec 2023 | £229,038 | £222,000 | 22 MILLFIELD GARDENS |
26 Sep 2023 | £260,748 | £255,000 | 10 CRABBE STREET |
21 Sep 2023 | £240,297 | £235,000 | 388 SPRING ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Jun 2014. Using an estimated price of £178,719 means this house is valued at £3,081 per sq meter (£286 per sq foot).
The average size of a house on SPRING ROAD is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Mandy Close |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mandy Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millfield Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millfield Gardens |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crabbe Street |