£245,575
This estimated value is based upon the latest sale price for the house of £187,500 on 1 Feb 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £187,500 | 1 Feb 2017 |
| £105,000 | 24 Feb 2012 |
| £190,000 | 30 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 February 2017 the House Price Index for SUFFOLK was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £187,500 results in an estimated price of approximately £245,575.
| 1 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £187,500 | £58,075 | £245,575 |
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 | 48.363 % | £90,680 | £278,180 |
| 3 Month Average | 39.590 % | £74,231 | £261,731 |
| 6 Month Average | 21.665 % | £40,622 | £228,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2022 | £223,953 | £225,000 | APARTMENT 504 5 ANCHOR STREET |
| 13 Mar 2020 | £236,604 | £195,000 | APARTMENT 402 3 ANCHOR STREET |
| 13 Dec 2019 | £160,660 | £130,000 | APARTMENT 306 7 ANCHOR STREET |
| 10 Oct 2019 | £231,020 | £187,000 | APARTMENT 205 3 ANCHOR STREET |
| 9 Jul 2019 | £298,201 | £240,000 | APARTMENT 505 3 ANCHOR STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Sep 2021. Using an estimated price of £245,575 means this house is valued at £3,508 per sq meter (£325 per sq foot).
The average size of a house on ANCHOR STREET is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Anchor Street |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Anchor Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Anchor Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Anchor Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Anchor Street |