£352,643
This estimated value is based upon the latest sale price for the house of £305,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £305,000 | 11 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2020 the House Price Index for SUFFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £305,000 results in an estimated price of approximately £352,643.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £305,000 | £47,643 | £352,643 |
The Postcode Pricing Model uses changes in average sales price within the IP15 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 | -20.095 % | £-61,289 | £243,710 |
| 3 Month Average | -8.990 % | £-27,418 | £277,581 |
| 6 Month Average | 5.547 % | £16,918 | £321,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2022 | £287,490 | £280,000 | 74 LEISTON ROAD |
| 14 Mar 2022 | £388,865 | £372,500 | 46 LINDEN ROAD |
| 29 Oct 2021 | £208,443 | £187,000 | 23 FOLLY END |
| 29 Oct 2021 | £317,681 | £285,000 | 20 FAIRFIELD ROAD |
| 6 Aug 2021 | £329,295 | £293,000 | 2 CHERRY LANE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 26 Aug 2020. Using an estimated price of £352,644 means this house is valued at £3,390 per sq meter (£315 per sq foot).
The average size of a house on FAIRFIELD ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklin Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Franklin Close |
| Aug 2024 | Anti-social behaviour | On or near Cherry Green | |
| Aug 2024 | Anti-social behaviour | On or near Cherry Green | |
| Aug 2024 | Anti-social behaviour | On or near Cherry Green |