£164,971
This estimated value is based upon the latest sale price for the house of £67,500 on 31 Mar 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £67,500 | 31 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,026 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 March 2003 the House Price Index for SUFFOLK was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £67,500 results in an estimated price of approximately £164,971.
| 31 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £67,500 | £97,471 | £164,971 |
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 | 119.986 % | £80,990 | £148,490 |
| 3 Month Average | 107.458 % | £72,534 | £140,034 |
| 6 Month Average | 104.494 % | £70,533 | £138,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £301,773 | £292,500 | 1 FAIRFIELD ROAD |
| 17 Feb 2023 | £322,152 | £320,000 | 44 GLOUCESTER ROAD |
| 8 Jul 2022 | £282,834 | £280,000 | 14 BERNARD CRESCENT |
| 16 Mar 2022 | £267,247 | £256,000 | 42 FAIRFIELD ROAD |
| 27 Jan 2022 | £154,789 | £146,000 | 36 BERNARD CRESCENT |
This house has a floor area of 95 sq meters or 1,026 sq feet when measured on 6 Jun 2011. Using an estimated price of £164,971 means this house is valued at £1,729 per sq meter (£160 per sq foot).
The average size of a house on GLOUCESTER ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Gloucester Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clarence Road |
| Jun 2024 | Other crime | Awaiting court outcome | On or near Clarence Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Clarence Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Clarence Road |