£317,957
This estimated value is based upon the latest sale price for the house of £275,000 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£275,000 | 2 Dec 2020 |
£55,500 | 7 Aug 1998 |
Semi-Detached |
Freehold |
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 2020 the House Price Index for SUFFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £275,000 results in an estimated price of approximately £317,957.
2 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £275,000 | £42,957 | £317,957 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | -0.265 % | £-729 | £274,270 |
3 Month Average | 8.102 % | £22,279 | £297,279 |
6 Month Average | 6.134 % | £16,868 | £291,868 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £280,000 | £280,000 | 60 ROMAN WAY |
29 Aug 2023 | £395,636 | £388,500 | 14 CASTLE CLOSE |
11 Aug 2023 | £324,859 | £319,000 | 91 ROMAN WAY |
9 Jun 2023 | £348,994 | £342,000 | 17 WESTERN AVENUE |
30 Mar 2023 | £525,781 | £517,000 | 34 ROMAN WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Monks Close |
Sep 2024 | Anti-social behaviour | On or near Dukes Close | |
Sep 2024 | Anti-social behaviour | On or near Dukes Close | |
Oct 2024 | Bicycle theft | Under investigation | On or near Hollybush Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near White Horse Close |