£243,379
This estimated value is based upon the latest sale price for the house of £189,500 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £189,500 | 14 Jul 2017 |
| 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 July 2017 the House Price Index for SUFFOLK was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £189,500 results in an estimated price of approximately £243,379.
| 14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £189,500 | £53,879 | £243,379 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 19.512 % | £36,975 | £226,475 |
| 3 Month Average | 49.783 % | £94,339 | £283,839 |
| 6 Month Average | 48.713 % | £92,310 | £281,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £167,652 | £162,500 | 48 NEWSON STREET |
| 17 Nov 2023 | £235,990 | £230,000 | 37 GENEVA ROAD |
| 30 Jun 2023 | £275,521 | £270,000 | 58 CECIL ROAD |
| 30 Jun 2023 | £275,521 | £270,000 | 39 GENEVA ROAD |
| 17 Feb 2023 | £538,598 | £535,000 | 1 REDAN STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 10 Mar 2017. Using an estimated price of £243,380 means this house is valued at £2,797 per sq meter (£259 per sq foot).
The average size of a house on GENEVA ROAD is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Geneva Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Geneva Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Geneva Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Geneva Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ivry Street |