£171,174
This estimated value is based upon the latest sale price for the house of £165,000 on 4 Apr 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 4 Apr 2022 |
| £85,000 | 11 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2022 the House Price Index for SUFFOLK was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £165,000 results in an estimated price of approximately £171,174.
| 4 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £165,000 | £6,174 | £171,174 |
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 | 9.580 % | £15,806 | £180,806 |
| 3 Month Average | 3.660 % | £6,038 | £171,038 |
| 6 Month Average | 23.329 % | £38,492 | £203,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £161,012 | £158,000 | 14 RENDLESHAM ROAD |
| 17 Oct 2022 | £124,584 | £125,000 | 20 RENDLESHAM ROAD |
| 18 Jul 2022 | £144,447 | £143,000 | 53 RENDLESHAM ROAD |
| 26 May 2022 | £149,905 | £146,000 | 4 AINSLIE ROAD |
| 20 May 2022 | £169,414 | £165,000 | 42 BULWER ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 Feb 2017. Using an estimated price of £171,175 means this house is valued at £2,223 per sq meter (£206 per sq foot).
The average size of a house on RENDLESHAM ROAD is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near Rendlesham Road |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rendlesham Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rendlesham Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rendlesham Road |
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Rendlesham Road |