£488,983
This estimated value is based upon the latest sale price for the house of £285,000 on 24 Aug 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£285,000 | 24 Aug 2012 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 2012 the House Price Index for SUFFOLK was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £285,000 results in an estimated price of approximately £488,983.
24 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £285,000 | £203,983 | £488,983 |
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 | 120.890 % | £344,536 | £629,536 |
3 Month Average | 103.191 % | £294,093 | £579,093 |
6 Month Average | 73.205 % | £208,635 | £493,635 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £355,461 | £350,000 | 2 HILL FARM ROAD |
15 Sep 2023 | £475,482 | £465,000 | 6 HOLTON TERRACE |
14 Apr 2023 | £407,624 | £400,000 | 5 CASTLE HILL |
31 Aug 2022 | £351,644 | £350,000 | 21 THE PADDOCKS |
22 Jul 2022 | £371,220 | £367,500 | 16 HILL FARM ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 27 Mar 2012. Using an estimated price of £488,984 means this house is valued at £4,289 per sq meter (£398 per sq foot).
The average size of a house on HOLTON ROAD is 115 sq meters (1,243 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Unable to prosecute suspect | On or near The Paddocks |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Paddocks |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Paddocks |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Paddocks |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bensly'S Drift |