£234,236
This estimated value is based upon the latest sale price for the house of £192,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £192,000 | 26 Jun 2020 |
| £178,500 | 2 Dec 2016 |
| £90,000 | 26 Mar 2012 |
| £44,000 | 16 Jun 1999 |
| £5,150 | 9 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 658 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 2020 the House Price Index for SUFFOLK was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £192,000 results in an estimated price of approximately £234,236.
| 26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £192,000 | £42,236 | £234,236 |
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 | 3.040 % | £5,835 | £197,835 |
| 3 Month Average | 18.404 % | £35,335 | £227,335 |
| 6 Month Average | 29.355 % | £56,360 | £248,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £78,683 | £78,000 | FLAT 4 2 JOVIAN WAY |
| 27 Oct 2023 | £211,811 | £207,000 | 88 SPROUGHTON ROAD |
| 8 Sep 2023 | £209,621 | £205,000 | 64 JOVIAN WAY |
| 28 Apr 2023 | £240,498 | £236,000 | 39 DANDALAN CLOSE |
| 17 Mar 2023 | £139,835 | £137,500 | FLAT 5 2 JOVIAN WAY |
This house has a floor area of 61 sq meters or 658 sq feet when measured on 3 Nov 2010. Using an estimated price of £234,236 means this house is valued at £3,827 per sq meter (£355 per sq foot).
The average size of a house on SPROUGHTON ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lime Tree Place |
| Jul 2024 | Anti-social behaviour | On or near Lime Tree Place | |
| Jul 2024 | Anti-social behaviour | On or near Lime Tree Place | |
| Jul 2024 | Drugs | Further action is not in the public interest | On or near Lime Tree Place |
| Jul 2024 | Anti-social behaviour | On or near Lime Tree Place |