£301,168
This estimated value is based upon the latest sale price for the house of £172,500 on 27 Jun 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £172,500 | 27 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 June 2011 the House Price Index for SUFFOLK was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £172,500 results in an estimated price of approximately £301,168.
| 27 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £172,500 | £128,668 | £301,168 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 58.690 % | £101,239 | £273,739 |
| 3 Month Average | 78.985 % | £136,249 | £308,749 |
| 6 Month Average | 57.020 % | £98,360 | £270,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £282,453 | £280,000 | 1 CLARE ROAD |
| 15 Dec 2023 | £278,560 | £270,000 | 33 SIDEGATE LANE WEST |
| 27 Oct 2023 | £296,740 | £290,000 | 31 SIDEGATE LANE WEST |
| 11 Aug 2023 | £295,327 | £290,000 | 6 QUEENSGATE DRIVE |
| 25 Nov 2022 | £348,371 | £350,000 | 109F COLCHESTER ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 5 Apr 2011. Using an estimated price of £301,169 means this house is valued at £3,383 per sq meter (£314 per sq foot).
The average size of a house on QUEENSGATE DRIVE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Supermarket |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Kingsgate Drive |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kingsgate Drive |