£80,844
This estimated value is based upon the latest sale price for the house of £50,000 on 9 Dec 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£50,000 | 9 Dec 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 December 2013 the House Price Index for SUFFOLK was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £50,000 results in an estimated price of approximately £80,844.
9 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £50,000 | £30,844 | £80,844 |
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 | 39.278 % | £19,638 | £69,638 |
3 Month Average | 67.991 % | £33,995 | £83,995 |
6 Month Average | 45.409 % | £22,704 | £72,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2024 | £320,000 | £320,000 | 63 BELLE VUE ROAD |
24 Apr 2023 | £127,383 | £125,000 | 24 POSTMILL CLOSE |
24 Mar 2023 | £411,878 | £405,000 | 20 ST ANTHONYS CRESCENT |
15 Mar 2023 | £213,567 | £210,000 | 50 BELLE VUE ROAD |
23 Jan 2023 | £120,321 | £120,000 | 35 ASHMERE GROVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 28 Jun 2013. Using an estimated price of £80,845 means this house is valued at £1,443 per sq meter (£134 per sq foot).
The average size of a house on POSTMILL CLOSE is 62 sq meters (669 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Post Mill Close |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Post Mill Close |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Post Mill Close |
Sep 2024 | Public order | Unable to prosecute suspect | On or near St Anthonys Crescent |
Sep 2024 | Violence and sexual offences | Under investigation | On or near St Anthonys Crescent |