£269,138
This estimated value is based upon the latest sale price for the house of £225,000 on 21 Sep 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 21 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 September 2020 the House Price Index for SUFFOLK was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £225,000 results in an estimated price of approximately £269,138.
| 21 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £225,000 | £44,138 | £269,138 |
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 | 14.971 % | £33,684 | £258,684 |
| 3 Month Average | 16.536 % | £37,205 | £262,205 |
| 6 Month Average | 28.115 % | £63,258 | £288,258 |
| 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 | £238,825 | £220,000 | 18 MORNINGTON AVENUE |
| 16 Aug 2021 | £193,306 | £172,000 | 14 MORNINGTON AVENUE |
| 2 Jul 2021 | £229,239 | £198,000 | 72 WESTHOLME ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 16 Jan 2020. Using an estimated price of £269,138 means this house is valued at £2,803 per sq meter (£260 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 |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ashcroft Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashcroft Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashcroft Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashcroft Lane |