£314,831
This estimated value is based upon the latest sale price for the house of £218,500 on 1 May 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £218,500 | 1 May 2015 |
| £219,995 | 25 Aug 2006 |
| £225,000 | 19 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 May 2015 the House Price Index for SUFFOLK was 101.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 44.088%.Applying this 44.088% change to the original purchase price of £218,500 results in an estimated price of approximately £314,831.
| 1 May 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 146.7 | 44.088 % | £218,500 | £96,331 | £314,831 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 19.194 % | £41,939 | £260,439 |
| 3 Month Average | 31.494 % | £68,815 | £287,315 |
| 6 Month Average | 52.593 % | £114,914 | £333,414 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 21 Jun 2018.
There is one other house on the street which we know the size of, this is 4 TERN ROAD it is 117.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Awaiting court outcome | On or near Tern Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Tern Road |
| Jan 2024 | Public order | Awaiting court outcome | On or near Tern Road |
| Dec 2023 | Public order | Awaiting court outcome | On or near Tern Road |
| Dec 2023 | Public order | Awaiting court outcome | On or near Tern Road |