£398,522
This estimated value is based upon the latest sale price for the house of £233,000 on 24 Oct 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£233,000 | 24 Oct 2012 |
£95,000 | 15 Jun 2001 |
£74,000 | 14 May 1999 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 October 2012 the House Price Index for SUFFOLK was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £233,000 results in an estimated price of approximately £398,522.
24 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.040 % | £233,000 | £165,522 | £398,522 |
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 | 88.046 % | £205,146 | £438,146 |
3 Month Average | 62.144 % | £144,796 | £377,796 |
6 Month Average | 52.877 % | £123,203 | £356,203 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £200,000 | £200,000 | 9 ST LEONARDS ROAD |
26 Apr 2024 | £232,015 | £230,000 | 1 ST DAVIDS ROAD |
1 Dec 2023 | £237,291 | £230,000 | 18 ST DAVIDS ROAD |
4 Apr 2023 | £193,622 | £190,000 | 272 NACTON ROAD |
29 Mar 2023 | £238,991 | £235,000 | 20 ST LEONARDS ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 9 Jul 2012. Using an estimated price of £398,522 means this house is valued at £3,266 per sq meter (£303 per sq foot).
The average size of a house on RANSOME ROAD is 97 sq meters (1,050 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Drugs | Under investigation | On or near St Davids Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Square |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Queen'S Square |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Queen'S Square |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Queen'S Square |