£233,614
This estimated value is based upon the latest sale price for the house of £131,000 on 24 Sep 2009. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £131,000 | 24 Sep 2009 |
| £48,750 | 23 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2009 the House Price Index for SUFFOLK was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £131,000 results in an estimated price of approximately £233,614.
| 24 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £131,000 | £102,614 | £233,614 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 36.051 % | £47,226 | £178,226 |
| 3 Month Average | 43.679 % | £57,219 | £188,219 |
| 6 Month Average | 68.347 % | £89,534 | £220,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £485,495 | £477,000 | 136 WESTLEY ROAD |
| 11 Aug 2023 | £212,862 | £211,000 | 17 GREENE ROAD |
| 17 Jul 2023 | £243,274 | £240,000 | 47 RIDLEY ROAD |
| 21 Apr 2023 | £307,309 | £304,000 | 118 WESTLEY ROAD |
| 6 Apr 2023 | £348,755 | £345,000 | 120 WESTLEY ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 9 Jul 2009. Using an estimated price of £233,615 means this house is valued at £3,244 per sq meter (£301 per sq foot).
The average size of a house on RIDLEY ROAD is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paddock Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paddock Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Paddock Close |
| Feb 2024 | Anti-social behaviour | On or near Paddock Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Paddock Close |