£271,020
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Aug 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 15 Aug 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 August 2018 the House Price Index for SUFFOLK was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £220,000 results in an estimated price of approximately £271,020.
| 15 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £220,000 | £51,020 | £271,020 |
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 | 0.608 % | £1,338 | £221,338 |
| 3 Month Average | 5.874 % | £12,923 | £232,923 |
| 6 Month Average | 11.801 % | £25,962 | £245,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £122,314 | £120,000 | 7 ST NICHOLAS COURT |
| 17 Aug 2023 | £158,464 | £157,500 | 22 FALCON STREET |
| 4 Aug 2023 | £2,180,258 | £2,167,000 | 8 LLOYDS AVENUE |
| 20 Mar 2023 | £237,283 | £236,000 | NEW YORK EXCHANGE BAR, 24 - 26 FALCON STREET |
| 3 Jan 2023 | £2,974 | £3,000 | 7 ST NICHOLAS STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 8 Feb 2018. Using an estimated price of £271,020 means this house is valued at £2,419 per sq meter (£224 per sq foot).
The average size of a house on QUEEN STREET is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Awaiting court outcome | On or near Queen Street |
| Apr 2024 | Public order | Under investigation | On or near Queen Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Queen Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queen Street |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Queen Street |