£232,722
This estimated value is based upon the latest sale price for the house of £89,995 on 22 Nov 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £89,995 | 22 Nov 2002 |
| £77,950 | 25 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 943 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 2002 the House Price Index for SUFFOLK was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £89,995 results in an estimated price of approximately £232,722.
| 22 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £89,995 | £142,727 | £232,722 |
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 | 174.082 % | £156,665 | £246,660 |
| 3 Month Average | 158.155 % | £142,331 | £232,326 |
| 6 Month Average | 142.864 % | £128,570 | £218,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £216,324 | £213,000 | 37 MARTIN ROAD |
| 22 Sep 2023 | £153,381 | £150,000 | 17 SHELLEY STREET |
| 17 Aug 2023 | £193,490 | £190,000 | 16 PHILIP ROAD |
| 26 Jun 2023 | £193,885 | £190,000 | 6 PHILIP ROAD |
| 2 Jun 2023 | £265,317 | £260,000 | 2 MARTIN ROAD |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 11 Oct 2008. Using an estimated price of £232,723 means this house is valued at £2,655 per sq meter (£246 per sq foot).
The average size of a house on RECTORY ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rectory Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Rectory Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Martin Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martin Road |