£298,649
This estimated value is based upon the latest sale price for the house of £225,000 on 22 Nov 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 22 Nov 2016 |
| £33,000 | 20 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 November 2016 the House Price Index for SUFFOLK was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £225,000 results in an estimated price of approximately £298,649.
| 22 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £225,000 | £73,649 | £298,649 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 28.229 % | £63,514 | £288,514 |
| 3 Month Average | 28.448 % | £64,007 | £289,007 |
| 6 Month Average | 25.672 % | £57,762 | £282,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £236,000 | £236,000 | 4 WAVENEY ROAD |
| 18 Dec 2023 | £119,677 | £116,000 | 11 BIRCH HOUSE CURTIS ROAD |
| 13 Oct 2023 | £291,623 | £285,000 | 40 BALDWIN AVENUE |
| 19 Sep 2023 | £117,592 | £115,000 | 4 BIRCH HOUSE CURTIS ROAD |
| 23 Mar 2023 | £259,331 | £255,000 | 9 PRINCE CHARLES AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 1 May 2015. Using an estimated price of £298,649 means this house is valued at £2,714 per sq meter (£252 per sq foot).
The average size of a house on SEVERN ROAD is 107 sq meters (1,159 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Severn Road |
| Aug 2024 | Anti-social behaviour | On or near Severn Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Severn Road |
| Aug 2024 | Public order | Under investigation | On or near Severn Road |