£233,871
This estimated value is based upon the latest sale price for the house of £165,000 on 28 Oct 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 28 Oct 2015 |
| £79,995 | 11 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 885 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 October 2015 the House Price Index for SUFFOLK was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £165,000 results in an estimated price of approximately £233,871.
| 28 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £165,000 | £68,871 | £233,871 |
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 | 45.321 % | £74,779 | £239,779 |
| 3 Month Average | 39.194 % | £64,669 | £229,669 |
| 6 Month Average | 51.607 % | £85,152 | £250,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2024 | £233,000 | £233,000 | 7 KIPLING ROAD |
| 14 Jun 2024 | £245,000 | £245,000 | 55 SPENSER ROAD |
| 6 Nov 2023 | £262,668 | £256,000 | 58 MACAULAY ROAD |
| 11 Aug 2023 | £264,775 | £260,000 | 34 THACKERAY ROAD |
| 9 Jun 2023 | £242,357 | £237,500 | 14 PARNELL CLOSE |
This house has a floor area of 82 sq meters or 885 sq feet when measured on 15 Mar 2010. Using an estimated price of £233,871 means this house is valued at £2,844 per sq meter (£264 per sq foot).
The average size of a house on SPENSER ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Keats Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keats Crescent |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Keats Crescent |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Keats Crescent |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chaucer Road |