£673,876
This estimated value is based upon the latest sale price for the house of £490,000 on 10 Feb 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£490,000 | 10 Feb 2016 |
£265,000 | 15 Nov 2002 |
£116,000 | 12 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 190 sq meters or 2,045 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 February 2016 the House Price Index for SUFFOLK was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £490,000 results in an estimated price of approximately £673,876.
10 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £490,000 | £183,876 | £673,876 |
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 | -19.685 % | £-96,456 | £393,543 |
3 Month Average | 3.314 % | £16,240 | £506,240 |
6 Month Average | 9.652 % | £47,297 | £537,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £584,846 | £570,000 | 45 CORDER ROAD |
12 Jun 2023 | £632,679 | £620,000 | 36 GAINSBOROUGH ROAD |
23 Feb 2022 | £644,439 | £610,000 | 109 TUDDENHAM ROAD |
26 Jan 2022 | £854,520 | £806,000 | 15 SOUTH CLOSE |
26 Nov 2021 | £762,664 | £700,000 | 91 CONSTABLE ROAD |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 16 Oct 2015. Using an estimated price of £673,876 means this house is valued at £3,546 per sq meter (£329 per sq foot).
The average size of a house on CORDER ROAD is 144 sq meters (1,559 sq feet).
This house is the largest in the street with a floor area of 190 sq meters (2,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Corder Road |
May 2024 | Drugs | Awaiting court outcome | On or near Corder Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gainsborough Road |
May 2024 | Theft from the person | Under investigation | On or near Gainsborough Road |
Jul 2024 | Public order | Under investigation | On or near Manor Road |