£538,335
This estimated value is based upon the latest sale price for the house of £440,000 on 18 Feb 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£440,000 | 18 Feb 2020 |
£160,000 | 22 Aug 2001 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £440,000 results in an estimated price of approximately £538,335.
18 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £440,000 | £98,335 | £538,335 |
The Postcode Pricing Model uses changes in average sales price within the IP15 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 | -21.604 % | £-95,056 | £344,943 |
3 Month Average | -42.590 % | £-187,398 | £252,601 |
6 Month Average | 6.467 % | £28,452 | £468,452 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2023 | £1,216,371 | £1,200,000 | 2 WHIN MARSH |
16 Feb 2023 | £419,718 | £420,000 | EAST HOUSE BROWN ACRES CHURCH CLOSE |
19 Aug 2022 | £822,785 | £825,000 | 2 PREVETTS WAY |
6 May 2022 | £1,276,312 | £1,252,263 | STUKELEYS, 18 ACHESON WAY |
21 Sep 2021 | £1,023,713 | £950,000 | MULBERRY LODGE UPLANDS VICTORIA ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 Feb 2018. Using an estimated price of £538,336 means this house is valued at £6,408 per sq meter (£595 per sq foot).
The average size of a house on VICTORIA ROAD is 124 sq meters (1,338 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wentworth Road |
Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Sports/Recreation Area |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Market Cross Place |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Market Cross Place |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |