£141,691
This estimated value is based upon the latest sale price for the house of £138,000 on 11 May 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £138,000 | 11 May 2022 |
| £118,000 | 12 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 May 2022 the House Price Index for SUFFOLK was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £138,000 results in an estimated price of approximately £141,691.
| 11 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £138,000 | £3,691 | £141,691 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | 0.955 % | £1,317 | £139,317 |
| 3 Month Average | -4.095 % | £-5,650 | £132,349 |
| 6 Month Average | 7.633 % | £10,532 | £148,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £216,657 | £210,000 | 491 WHERSTEAD ROAD |
| 9 Aug 2023 | £259,684 | £255,000 | 416 WHERSTEAD ROAD |
| 2 Jun 2023 | £265,317 | £260,000 | 492 WHERSTEAD ROAD |
| 31 Mar 2023 | £195,261 | £192,000 | 451 WHERSTEAD ROAD |
| 10 Mar 2023 | £186,108 | £183,000 | 29 BOSTOCK ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 May 2020. Using an estimated price of £141,691 means this house is valued at £2,442 per sq meter (£226 per sq foot).
The average size of a house on WHERSTEAD ROAD is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Bostock Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bostock Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bostock Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bostock Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bostock Road |