£196,028
This estimated value is based upon the latest sale price for the house of £134,000 on 25 Jun 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £134,000 | 25 Jun 2015 |
| £107,500 | 1 Nov 2007 |
| £56,500 | 7 Aug 2001 |
| £32,000 | 31 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 2015 the House Price Index for SUFFOLK was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £134,000 results in an estimated price of approximately £196,028.
| 25 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £134,000 | £62,028 | £196,028 |
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 | 64.776 % | £86,799 | £220,799 |
| 3 Month Average | 50.630 % | £67,844 | £201,844 |
| 6 Month Average | 53.749 % | £72,023 | £206,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £225,000 | £225,000 | 52 FARRIERS ROAD |
| 10 Apr 2024 | £179,559 | £178,000 | 24 VERNEUIL AVENUE |
| 27 Nov 2023 | £164,167 | £160,000 | 44 FARRIERS ROAD |
| 23 Jun 2022 | £403,628 | £395,000 | 47 CAMPION CRESCENT |
| 29 Apr 2022 | £290,478 | £280,000 | 55 CAMPION CRESCENT |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 8 Apr 2015. Using an estimated price of £196,028 means this house is valued at £4,667 per sq meter (£433 per sq foot).
The average size of a house on FARRIERS ROAD is 57 sq meters (616 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Weavers Close |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near The Twinnings |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near The Twinnings |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Twinnings |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Twinnings |