£250,131
This estimated value is based upon the latest sale price for the house of £54,000 on 11 Dec 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been two burglaries within the last year on or near Oxford Road
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| Price Paid | Date |
|---|---|
| £54,000 | 11 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 1998 the House Price Index for SUFFOLK was 32.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 363.206%.Applying this 363.206% change to the original purchase price of £54,000 results in an estimated price of approximately £250,131.
| 11 Dec 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 149.7 | 363.206 % | £54,000 | £196,131 | £250,131 |
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 | 306.255 % | £165,377 | £219,377 |
| 3 Month Average | 375.774 % | £202,917 | £256,917 |
| 6 Month Average | 295.090 % | £159,348 | £213,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £224,448 | £221,000 | 48 OXFORD ROAD |
| 13 Nov 2023 | £200,079 | £195,000 | 1 KINGS AVENUE |
| 23 Oct 2023 | £219,997 | £215,000 | 47 KINGS AVENUE |
| 8 Aug 2023 | £198,582 | £195,000 | 9 LANCASTER ROAD |
| 14 Apr 2023 | £178,336 | £175,000 | 4 LANCASTER ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Nov 2015. Using an estimated price of £250,131 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on OXFORD ROAD is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Oxford Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oxford Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oxford Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Oxford Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Oxford Road |