£91,919
This estimated value is based upon the latest sale price for the house of £75,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £75,000 | 9 Aug 2019 |
| £136,500 | 18 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 August 2019 the House Price Index for SUFFOLK was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £75,000 results in an estimated price of approximately £91,919.
| 9 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £75,000 | £16,919 | £91,919 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | -1.452 % | £-1,089 | £73,910 |
| 3 Month Average | 9.332 % | £6,999 | £81,999 |
| 6 Month Average | 8.786 % | £6,589 | £81,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £75,000 | £75,000 | FLAT 11 163 WHERSTEAD ROAD |
| 5 Mar 2024 | £88,800 | £88,500 | FLAT 1 12 RAPIER STREET |
| 17 Aug 2023 | £67,913 | £67,500 | FLAT 5 169 WHERSTEAD ROAD |
| 13 Mar 2023 | £251,359 | £250,000 | LAND ASSOCIATED WITH 1 HARLAND STREET |
| 24 Feb 2023 | £104,506 | £105,000 | FLAT 4 163 WHERSTEAD ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 20 Feb 2019. Using an estimated price of £91,920 means this house is valued at £1,915 per sq meter (£177 per sq foot).
The average size of a house on RAPIER STREET is 59 sq meters (640 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rapier Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harland Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harland Street |
| Apr 2024 | Anti-social behaviour | On or near Harland Street | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sinclair Drive |