£290,416
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 30 Jun 2017 |
| £132,000 | 27 May 2005 |
| £93,500 | 18 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2017 the House Price Index for SUFFOLK was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £225,000 results in an estimated price of approximately £290,416.
| 30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £225,000 | £65,416 | £290,416 |
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 | 56.614 % | £127,380 | £352,380 |
| 3 Month Average | 29.401 % | £66,152 | £291,152 |
| 6 Month Average | 18.161 % | £40,862 | £265,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £281,391 | £275,000 | 9 ASCOT DRIVE |
| 3 Aug 2023 | £282,088 | £277,000 | 51 ASCOT DRIVE |
| 10 Feb 2023 | £332,219 | £330,000 | 25 RAMSGATE DRIVE |
| 25 Nov 2022 | £278,697 | £280,000 | 1 ASCOT DRIVE |
| 8 Apr 2022 | £217,859 | £210,000 | 3 REIGATE CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 31 Mar 2017. Using an estimated price of £290,416 means this house is valued at £3,338 per sq meter (£310 per sq foot).
The average size of a house on RAMSGATE DRIVE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Ascot Drive |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Ascot Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ascot Drive |
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Ascot Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ascot Drive |