£324,890
This estimated value is based upon the latest sale price for the house of £235,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£235,000 | 29 Jan 2016 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 January 2016 the House Price Index for SUFFOLK was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £235,000 results in an estimated price of approximately £324,890.
29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £235,000 | £89,890 | £324,890 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 33.499 % | £78,723 | £313,723 |
3 Month Average | 28.291 % | £66,484 | £301,484 |
6 Month Average | 26.239 % | £61,661 | £296,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £320,786 | £315,000 | 75 DEREHAM AVENUE |
14 Feb 2023 | £281,883 | £280,000 | 34 MERSEY ROAD |
6 Jan 2023 | £320,857 | £320,000 | 40 MERSEY ROAD |
19 Aug 2022 | £281,315 | £280,000 | 12 WROXHAM ROAD |
12 Aug 2022 | £322,508 | £321,000 | 31 DEREHAM AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Sep 2015. Using an estimated price of £324,891 means this house is valued at £2,900 per sq meter (£269 per sq foot).
The average size of a house on DEREHAM AVENUE is 88 sq meters (954 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dereham Avenue |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oulton Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wroxham Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cliff Lane |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cliff Lane |