£150,797
This estimated value is based upon the latest sale price for the house of £122,000 on 11 Sep 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £122,000 | 11 Sep 2019 |
| £102,000 | 29 Jun 2007 |
| £82,000 | 22 Dec 2004 |
| £74,950 | 22 Sep 2003 |
| £57,950 | 26 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 September 2019 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £122,000 results in an estimated price of approximately £150,797.
| 11 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £122,000 | £28,797 | £150,797 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 61.846 % | £75,452 | £197,452 |
| 3 Month Average | 24.979 % | £30,474 | £152,474 |
| 6 Month Average | 8.337 % | £10,170 | £132,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £330,071 | £325,000 | 78 LONDON ROAD |
| 4 Mar 2024 | £203,121 | £200,000 | OLD POLICE HOUSE, 89 LONDON ROAD |
| 31 Oct 2023 | £179,067 | £175,000 | 74D LONDON ROAD |
| 26 Oct 2023 | £163,718 | £160,000 | 11 THE ORCHARD |
| 18 Sep 2023 | £163,607 | £160,000 | 4 THE ORCHARD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 May 2019. Using an estimated price of £150,798 means this house is valued at £2,692 per sq meter (£250 per sq foot).
The average size of a house on LONDON ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Orchard |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Orchard |
| Aug 2024 | Anti-social behaviour | On or near The Orchard | |
| Aug 2024 | Anti-social behaviour | On or near The Orchard | |
| Aug 2024 | Anti-social behaviour | On or near The Orchard |