£105,291
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Mar 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £50,000 | 15 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 March 2004 the House Price Index for SUFFOLK was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £50,000 results in an estimated price of approximately £105,291.
| 15 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £50,000 | £55,291 | £105,291 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 85.963 % | £42,981 | £92,981 |
| 3 Month Average | 102.838 % | £51,419 | £101,419 |
| 6 Month Average | 126.442 % | £63,220 | £113,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2024 | £233,000 | £233,000 | 7 KIPLING ROAD |
| 10 Nov 2023 | £318,074 | £310,000 | 143 CHESTERFIELD DRIVE |
| 27 Oct 2022 | £318,935 | £320,000 | 39 STRATFORD ROAD |
| 2 Sep 2022 | £199,866 | £200,000 | 14 SPENSER ROAD |
| 13 May 2022 | £236,152 | £230,000 | 26 STRATFORD ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 Dec 2015. Using an estimated price of £105,291 means this house is valued at £1,525 per sq meter (£141 per sq foot).
The average size of a house on BURNS ROAD is 86 sq meters (927 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stratford Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Road |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Burns Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Road |