£121,595
This estimated value is based upon the latest sale price for the house of £73,500 on 11 Jan 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £73,500 | 11 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 446 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 January 2007 the House Price Index for SUFFOLK was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £73,500 results in an estimated price of approximately £121,595.
| 11 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £73,500 | £48,095 | £121,595 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 85.859 % | £63,106 | £136,606 |
| 3 Month Average | 69.891 % | £51,370 | £124,870 |
| 6 Month Average | 70.070 % | £51,501 | £125,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £201,752 | £200,000 | 56 BURY STREET |
| 1 Sep 2023 | £139,066 | £136,000 | 16 OLD SCHOOL MEWS |
| 19 Aug 2022 | £208,475 | £207,500 | 39 FAIRFIELD HILL |
| 29 Jul 2022 | £308,087 | £305,000 | 2 FAIRFIELD HILL |
| 20 May 2022 | £179,681 | £175,000 | 45 FAIRFIELD HILL |
This house has a floor area of 41 sq meters or 446 sq feet when measured on 9 Oct 2008. Using an estimated price of £121,596 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on BURY STREET is 71 sq meters (770 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (446 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Further investigation is not in the public interest | On or near Fairfield Hill |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfield Hill |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A1308 |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Bury Street |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Union Street West |