£241,046
This estimated value is based upon the latest sale price for the house of £195,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 31 May 2019 |
| £127,000 | 15 Sep 2009 |
| £130,000 | 2 Dec 2005 |
| £89,950 | 7 Jun 2002 |
| £48,000 | 17 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £195,000 results in an estimated price of approximately £241,046.
| 31 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £195,000 | £46,046 | £241,046 |
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 | -23.431 % | £-45,689 | £149,310 |
| 3 Month Average | -13.116 % | £-25,576 | £169,423 |
| 6 Month Average | 4.539 % | £8,851 | £203,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £229,083 | £226,000 | 31 BANKS WALK |
| 14 Apr 2023 | £237,558 | £235,000 | 42 CAIE WALK |
| 4 Apr 2023 | £232,503 | £230,000 | 2 BANKS WALK |
| 21 Feb 2023 | £136,408 | £136,500 | 18 BEVIS WALK |
| 10 Dec 2021 | £259,809 | £242,500 | 115 CAIE WALK |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 25 Jan 2019. Using an estimated price of £241,047 means this house is valued at £2,678 per sq meter (£248 per sq foot).
The average size of a house on CAIE WALK is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raven Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redwing Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redwing Road |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Redwing Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kestrel Road |