£351,644
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Aug 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £350,000 | 18 Aug 2022 |
| £162,000 | 29 Sep 2009 |
| £63,000 | 13 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 927 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 August 2022 the House Price Index for SUFFOLK was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £350,000 results in an estimated price of approximately £351,644.
| 18 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £350,000 | £1,644 | £351,644 |
The Postcode Pricing Model uses changes in average sales price within the IP19 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 | 17.399 % | £60,898 | £410,898 |
| 3 Month Average | 15.142 % | £52,996 | £402,996 |
| 6 Month Average | 0.029 % | £102 | £350,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £125,000 | £125,000 | LONG ACRE WISSETT ROAD |
| 24 May 2024 | £270,000 | £270,000 | 1 FENN CLOSE |
| 20 May 2024 | £15,000 | £15,000 | ATHENE COTTAGE WISSETT ROAD |
| 8 May 2024 | £270,000 | £270,000 | WILLOW-DEANE WISSETT ROAD |
| 15 Dec 2023 | £345,620 | £335,000 | 14 PARK ROAD |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 15 Apr 2009. Using an estimated price of £351,644 means this house is valued at £4,079 per sq meter (£378 per sq foot).
The average size of a house on PARK ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Station Road |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Street | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Street |