£263,804
This estimated value is based upon the latest sale price for the house of £212,500 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £212,500 | 12 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £212,500 results in an estimated price of approximately £263,804.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £212,500 | £51,304 | £263,804 |
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 | 12.406 % | £26,362 | £238,862 |
| 3 Month Average | 14.788 % | £31,425 | £243,925 |
| 6 Month Average | 24.800 % | £52,700 | £265,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £225,000 | £225,000 | 13 PRESTON DRIVE |
| 15 Mar 2024 | £387,961 | £382,000 | 1 ELDRED CORNER |
| 26 Aug 2022 | £303,921 | £302,500 | 44 BEECHCROFT ROAD |
| 29 Jul 2022 | £339,401 | £336,000 | 86 BEECHCROFT ROAD |
| 27 May 2022 | £318,292 | £310,000 | 50 PRESTON DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 25 Jul 2018. Using an estimated price of £263,804 means this house is valued at £2,931 per sq meter (£272 per sq foot).
The average size of a house on PRESTON DRIVE is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Preston Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charlton Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pinecroft Road |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pinecroft Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stratford Road |