£264,572
This estimated value is based upon the latest sale price for the house of £163,500 on 5 Apr 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £163,500 | 5 Apr 2007 |
| £45,950 | 15 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2007 the House Price Index for SUFFOLK was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £163,500 results in an estimated price of approximately £264,572.
| 5 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £163,500 | £101,072 | £264,572 |
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 | 49.173 % | £80,398 | £243,898 |
| 3 Month Average | 59.790 % | £97,756 | £261,256 |
| 6 Month Average | 75.682 % | £123,739 | £287,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £257,153 | £252,000 | 17 MORNINGTON AVENUE |
| 2 Sep 2022 | £268,571 | £268,750 | 20 MORNINGTON AVENUE |
| 29 Sep 2021 | £271,392 | £250,000 | 345 NORWICH ROAD |
| 29 Sep 2021 | £238,825 | £220,000 | 18 MORNINGTON AVENUE |
| 16 Aug 2021 | £193,306 | £172,000 | 14 MORNINGTON AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Jul 2020. Using an estimated price of £264,572 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on MORNINGTON AVENUE is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mornington Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brookfield Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Brookfield Road |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Silverdale Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ashcroft Lane |