£186,406
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Dec 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £150,000 | 4 Dec 2018 |
| £118,000 | 11 Oct 2013 |
| £190,000 | 9 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
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 2018 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £150,000 results in an estimated price of approximately £186,406.
| 4 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £150,000 | £36,406 | £186,406 |
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 | 49.913 % | £74,868 | £224,868 |
| 3 Month Average | 20.899 % | £31,349 | £181,349 |
| 6 Month Average | 26.563 % | £39,844 | £189,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £105,440 | £102,200 | 64 WOLSEY STREET |
| 11 Aug 2023 | £77,396 | £76,000 | FLAT 801 23 FRANCISCAN WAY |
| 7 Feb 2023 | £167,841 | £166,720 | FLAT 23 WOLSEY STREET |
| 31 Oct 2022 | £433,552 | £435,000 | 25A FRANCISCAN WAY |
| 1 Sep 2022 | £129,913 | £130,000 | 98 WOLSEY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Cardinal Street |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cardinal Street |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Wolsey Street |
| Aug 2024 | Other crime | Awaiting court outcome | On or near Wolsey Street |
| Oct 2024 | Anti-social behaviour | On or near Nightclub |