£62,562
This estimated value is based upon the latest sale price for the house of £50,000 on 4 Sep 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £50,000 | 4 Sep 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 September 2017 the House Price Index for SUFFOLK was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £50,000 results in an estimated price of approximately £62,562.
| 4 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £50,000 | £12,562 | £62,562 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 49.301 % | £24,650 | £74,650 |
| 3 Month Average | 19.781 % | £9,890 | £59,890 |
| 6 Month Average | 20.558 % | £10,278 | £60,278 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 31 Oct 2008.
The average size of a house on TYE ROAD is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Tye Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tye Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fore Hamlet |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fore Hamlet |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fore Hamlet |