£118,513
This estimated value is based upon the latest sale price for the house of £70,000 on 19 Nov 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £70,000 | 19 Nov 2010 |
| £51,500 | 5 Jul 2002 |
| £30,100 | 12 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 November 2010 the House Price Index for SUFFOLK was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.305%.Applying this 69.305% change to the original purchase price of £70,000 results in an estimated price of approximately £118,513.
| 19 Nov 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.305 % | £70,000 | £48,513 | £118,513 |
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 | 98.816 % | £69,171 | £139,171 |
| 3 Month Average | 37.732 % | £26,412 | £96,412 |
| 6 Month Average | 53.411 % | £37,387 | £107,387 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 7 May 2013.
The average size of a house on READING ROAD is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Schreiber Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Schreiber Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Burglary | Under investigation | On or near Phoenix Road |