£204,718
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £160,000 | 11 Aug 2017 |
| £111,000 | 11 May 2004 |
| £48,950 | 15 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2017 the House Price Index for SUFFOLK was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £160,000 results in an estimated price of approximately £204,718.
| 11 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £160,000 | £44,718 | £204,718 |
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 | -6.176 % | £-9,881 | £150,118 |
| 3 Month Average | 14.915 % | £23,863 | £183,863 |
| 6 Month Average | 10.375 % | £16,600 | £176,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £251,681 | £250,000 | 89 HERVEY STREET |
| 11 Nov 2022 | £204,046 | £205,000 | 12 HERVEY STREET |
| 1 Aug 2022 | £150,705 | £150,000 | 18 HERVEY STREET |
| 20 Jun 2022 | £488,441 | £478,000 | 74 CHRISTCHURCH STREET |
| 17 Jun 2022 | £95,031 | £93,000 | FLAT 4 92 CHRISTCHURCH STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Jan 2017. Using an estimated price of £204,718 means this house is valued at £2,966 per sq meter (£275 per sq foot).
The average size of a house on HERVEY STREET is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Hervey Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Christchurch Street |