£344,512
This estimated value is based upon the latest sale price for the house of £278,000 on 17 Jul 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £278,000 | 17 Jul 2018 |
| £182,000 | 28 Aug 2007 |
| £162,500 | 28 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2018 the House Price Index for SUFFOLK was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £278,000 results in an estimated price of approximately £344,512.
| 17 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £278,000 | £66,512 | £344,512 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -13.915 % | £-38,683 | £239,316 |
| 3 Month Average | -17.579 % | £-48,869 | £229,130 |
| 6 Month Average | -2.203 % | £-6,125 | £271,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £315,521 | £310,000 | 110 KINGS ROAD |
| 24 Nov 2023 | £182,197 | £179,500 | 52 KINGS ROAD |
| 10 Mar 2023 | £283,673 | £281,000 | 46 VICTORIA STREET |
| 29 Sep 2022 | £327,356 | £330,000 | 9 ALBERT CRESCENT |
| 14 Apr 2022 | £592,134 | £575,000 | 59 VICTORIA STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 May 2018. Using an estimated price of £344,513 means this house is valued at £4,053 per sq meter (£376 per sq foot).
The average size of a house on KINGS ROAD is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shillitoe Close |
| Dec 2023 | Anti-social behaviour | On or near Mill Road | |
| Dec 2023 | Anti-social behaviour | On or near Mill Road | |
| Dec 2023 | Anti-social behaviour | On or near Mill Road | |
| Dec 2023 | Anti-social behaviour | On or near Mill Road |