£77,521
This estimated value is based upon the latest sale price for the house of £45,200 on 19 Jan 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £45,200 | 19 Jan 2010 |
| £12,500 | 17 Dec 1997 |
| £22,000 | 27 Jan 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 January 2010 the House Price Index for SUFFOLK was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £45,200 results in an estimated price of approximately £77,521.
| 19 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.508 % | £45,200 | £32,321 | £77,521 |
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 | 66.121 % | £29,886 | £75,086 |
| 3 Month Average | 70.055 % | £31,664 | £76,864 |
| 6 Month Average | 72.466 % | £32,754 | £77,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £405,181 | £400,000 | 38 LONDON ROAD |
| 26 Sep 2023 | £405,181 | £400,000 | 42 LONDON ROAD |
| 26 Sep 2023 | £810,361 | £800,000 | 40 LONDON ROAD |
| 14 Feb 2023 | £64,956 | £65,000 | 23 CLARKSON STREET |
| 6 Feb 2023 | £98,434 | £98,500 | 1 CLARKSON STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 20 Jun 2020. Using an estimated price of £77,522 means this house is valued at £1,490 per sq meter (£138 per sq foot).
The average size of a house on LONDON ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clarkson Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarkson Street |
| Feb 2024 | Drugs | Local resolution | On or near Clarkson Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Granville Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Granville Street |