£420,685
This estimated value is based upon the latest sale price for the house of £338,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£338,000 | 28 Jun 2019 |
£240,000 | 16 Jul 2008 |
£75,000 | 27 Jan 1997 |
Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 June 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £338,000 results in an estimated price of approximately £420,685.
28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £338,000 | £82,685 | £420,685 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 48.323 % | £163,331 | £501,331 |
3 Month Average | 40.704 % | £137,580 | £475,580 |
6 Month Average | 14.602 % | £49,356 | £387,356 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £334,599 | £327,000 | 14 BORRADALE ROAD |
26 Sep 2023 | £383,453 | £375,000 | 93 JERMYN AVENUE |
23 Jan 2023 | £402,074 | £401,000 | 56 DAISY AVENUE |
28 Feb 2022 | £317,994 | £301,000 | 2 JERMYN AVENUE |
14 Dec 2021 | £566,637 | £525,000 | 19 JERMYN AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 21 Jan 2019. Using an estimated price of £420,686 means this house is valued at £4,428 per sq meter (£411 per sq foot).
The average size of a house on JERMYN AVENUE is 115 sq meters (1,246 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Bluebell Avenue |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beale Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Liberty Close |
Aug 2024 | Anti-social behaviour | On or near Liberty Close | |
Aug 2024 | Anti-social behaviour | On or near Liberty Close |