£364,090
This estimated value is based upon the latest sale price for the house of £225,000 on 4 Apr 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£225,000 | 4 Apr 2007 |
£80,000 | 10 Feb 2000 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 2007 the House Price Index for SUFFOLK was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £225,000 results in an estimated price of approximately £364,090.
4 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £225,000 | £139,090 | £364,090 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 79.356 % | £178,551 | £403,551 |
3 Month Average | 63.572 % | £143,035 | £368,035 |
6 Month Average | 51.525 % | £115,932 | £340,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £200,000 | £200,000 | 9 ST LEONARDS ROAD |
26 Apr 2024 | £232,015 | £230,000 | 1 ST DAVIDS ROAD |
8 Dec 2023 | £255,346 | £247,500 | 4 FITZMAURICE ROAD |
1 Dec 2023 | £237,291 | £230,000 | 18 ST DAVIDS ROAD |
29 Mar 2023 | £238,991 | £235,000 | 20 ST LEONARDS ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 11 Mar 2014. Using an estimated price of £364,090 means this house is valued at £3,193 per sq meter (£296 per sq foot).
The average size of a house on RANSOME ROAD is 97 sq meters (1,050 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other crime | Unable to prosecute suspect | On or near St Leonards Road |
Sep 2024 | Drugs | Under investigation | On or near St Davids Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Drake Square North |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Drake Square North |
Sep 2024 | Drugs | Awaiting court outcome | On or near Shackleton Square |