£303,823
This estimated value is based upon the latest sale price for the house of £230,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 9 Dec 2016 |
| £165,000 | 25 Oct 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2016 the House Price Index for SUFFOLK was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £230,000 results in an estimated price of approximately £303,823.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £230,000 | £73,823 | £303,823 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 0.366 % | £840 | £230,840 |
| 3 Month Average | 26.109 % | £60,050 | £290,050 |
| 6 Month Average | 36.482 % | £83,907 | £313,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £265,000 | £265,000 | 73 DALES VIEW ROAD |
| 30 Nov 2023 | £287,293 | £280,000 | 18 KNIGHTSDALE ROAD |
| 1 Sep 2023 | £276,086 | £270,000 | 65 DALES VIEW ROAD |
| 17 Apr 2023 | £387,243 | £380,000 | 15 PARK VIEW ROAD |
| 23 Nov 2022 | £84,604 | £85,000 | UNIT 17 DALES ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 May 2013. Using an estimated price of £303,824 means this house is valued at £3,660 per sq meter (£340 per sq foot).
The average size of a house on DALES ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Dales Road |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Knightsdale Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Park View Road |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Park View Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Park View Road |