£354,937
This estimated value is based upon the latest sale price for the house of £340,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £340,000 | 25 Mar 2022 |
| £181,000 | 25 Feb 2015 |
| £145,000 | 4 Oct 2010 |
| £83,500 | 7 Jul 2000 |
| £53,500 | 13 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 927 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 March 2022 the House Price Index for SUFFOLK was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £340,000 results in an estimated price of approximately £354,937.
| 25 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £340,000 | £14,937 | £354,937 |
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 | 9.388 % | £31,917 | £371,917 |
| 3 Month Average | 16.262 % | £55,289 | £395,289 |
| 6 Month Average | 10.698 % | £36,371 | £376,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £266,772 | £260,000 | 31 MARGATE ROAD |
| 14 Mar 2023 | £249,161 | £245,000 | 459 FELIXSTOWE ROAD |
| 10 Feb 2023 | £332,219 | £330,000 | 25 RAMSGATE DRIVE |
| 8 Apr 2022 | £217,859 | £210,000 | 3 REIGATE CLOSE |
| 25 Mar 2022 | £354,937 | £340,000 | 57 RAMSGATE DRIVE |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 10 Jun 2010. Using an estimated price of £354,937 means this house is valued at £4,117 per sq meter (£382 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 Reigate Close |
| 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 |