£249,680
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 30 Sep 2021 |
| £82,950 | 7 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £230,000 results in an estimated price of approximately £249,680.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £230,000 | £19,680 | £249,680 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | 108.868 % | £250,397 | £480,397 |
| 3 Month Average | 31.411 % | £72,246 | £302,246 |
| 6 Month Average | 12.219 % | £28,103 | £258,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £413,282 | £405,000 | 41 HERON ROAD |
| 15 Aug 2022 | £366,715 | £365,000 | 3 GULL ROAD |
| 18 Feb 2022 | £377,155 | £357,000 | 49 HERON ROAD |
| 22 Oct 2021 | £261,947 | £235,000 | 12 MALLARD ROAD |
| 30 Sep 2021 | £249,681 | £230,000 | 5 MALLARD ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 21 Jul 2021. Using an estimated price of £249,681 means this house is valued at £3,566 per sq meter (£331 per sq foot).
The average size of a house on MALLARD ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Bittern Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montagu Drive |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Montagu Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Montagu Drive |
| Sep 2024 | Anti-social behaviour | On or near Montagu Drive |