£242,876
This estimated value is based upon the latest sale price for the house of £142,000 on 19 Oct 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £142,000 | 19 Oct 2012 |
| £193,000 | 28 Sep 2007 |
| £159,000 | 29 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 October 2012 the House Price Index for SUFFOLK was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £142,000 results in an estimated price of approximately £242,876.
| 19 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £142,000 | £100,876 | £242,876 |
The Postcode Pricing Model uses changes in average sales price within the IP16 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 | 27.717 % | £39,357 | £181,357 |
| 3 Month Average | 9.360 % | £13,290 | £155,290 |
| 6 Month Average | 33.713 % | £47,871 | £189,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jul 2024 | £110,000 | £110,000 | 51 SEAWARD AVENUE |
| 8 Mar 2024 | £213,277 | £210,000 | 28 HEATH VIEW |
| 13 Nov 2023 | £225,730 | £220,000 | 8 SYLVESTER ROAD |
| 12 Sep 2023 | £189,170 | £185,000 | 13 KING GEORGES AVENUE |
| 3 Apr 2023 | £198,717 | £195,000 | 45 KING GEORGES AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 Jun 2019. Using an estimated price of £242,876 means this house is valued at £2,168 per sq meter (£201 per sq foot).
The average size of a house on KING GEORGES AVENUE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Paxton Chadwick Close | |
| Sep 2024 | Anti-social behaviour | On or near Paxton Chadwick Close | |
| Sep 2024 | Anti-social behaviour | On or near Paxton Chadwick Close | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Paxton Chadwick Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |