£127,783
This estimated value is based upon the latest sale price for the house of £85,700 on 6 Oct 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £85,700 | 6 Oct 2014 |
| £78,500 | 4 Aug 2006 |
| £64,000 | 29 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 2014 the House Price Index for SUFFOLK was 99.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.106%.Applying this 49.106% change to the original purchase price of £85,700 results in an estimated price of approximately £127,783.
| 6 Oct 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.0 | 49.106 % | £85,700 | £42,083 | £127,783 |
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 | 74.418 % | £63,775 | £149,475 |
| 3 Month Average | 53.457 % | £45,812 | £131,512 |
| 6 Month Average | 39.710 % | £34,031 | £119,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £131,241 | £130,000 | 24 MYRTLE ROAD |
| 6 Apr 2023 | £237,767 | £236,000 | 22 BISHOPS HILL |
| 22 Mar 2023 | £110,598 | £110,000 | 11 MYRTLE ROAD |
| 10 Feb 2023 | £213,988 | £215,000 | 20 MITRE WAY |
| 29 Apr 2022 | £287,179 | £280,000 | 6 ELIZABETH COURT |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 10 Jun 2014. Using an estimated price of £127,784 means this house is valued at £2,777 per sq meter (£258 per sq foot).
The average size of a house on BISHOPS HILL is 168 sq meters (1,818 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Further investigation is not in the public interest | On or near Bishop'S Hill |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mitre Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Myrtle Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Road |