£274,942
This estimated value is based upon the latest sale price for the house of £103,500 on 30 Oct 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£103,500 | 30 Oct 2002 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 685 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 October 2002 the House Price Index for SUFFOLK was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £103,500 results in an estimated price of approximately £274,942.
30 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £103,500 | £171,442 | £274,942 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 214.623 % | £222,135 | £325,635 |
3 Month Average | 110.960 % | £114,843 | £218,343 |
6 Month Average | 79.169 % | £81,939 | £185,439 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £361,096 | £350,000 | 12 RUSSET CLOSE |
1 Dec 2023 | £187,254 | £181,500 | 46 CODLING ROAD |
23 Nov 2023 | £292,423 | £285,000 | 127 CODLING ROAD |
14 Sep 2023 | £250,523 | £245,000 | 51 CODLING ROAD |
16 Jun 2022 | £255,461 | £250,000 | 119 CODLING ROAD |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 21 Jul 2010. Using an estimated price of £274,942 means this house is valued at £4,318 per sq meter (£401 per sq foot).
The average size of a house on CODLING ROAD is 67 sq meters (724 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Russet Close |
Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Pond Grove Close |
Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Pond Grove Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leabrook Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor Ash Drive |