£340,451
This estimated value is based upon the latest sale price for the house of £195,000 on 24 Jun 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£195,000 | 24 Jun 2011 |
£158,500 | 10 Oct 2005 |
Semi-Detached |
Freehold |
Floor Area: 102 sq meters or 1,107 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 June 2011 the House Price Index for SUFFOLK was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £195,000 results in an estimated price of approximately £340,451.
24 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 149.7 | 74.591 % | £195,000 | £145,451 | £340,451 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 58.690 % | £114,445 | £309,445 |
3 Month Average | 78.985 % | £154,021 | £349,021 |
6 Month Average | 57.020 % | £111,189 | £306,189 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £245,000 | £245,000 | 273 HEATH ROAD |
1 Mar 2024 | £322,454 | £317,500 | 12 MELBOURNE ROAD |
7 Dec 2023 | £422,998 | £410,000 | 93 WOODBRIDGE ROAD EAST |
2 Nov 2023 | £357,064 | £348,000 | 31 MELBOURNE ROAD |
14 Aug 2023 | £534,643 | £525,000 | 32 MELBOURNE ROAD |
This house has a floor area of 102 sq meters or 1,107 sq feet when measured on 20 May 2011. Using an estimated price of £120,557 means this house is valued at £1,171 per sq meter (£108 per sq foot).
The average size of a house on WOODBRIDGE ROAD EAST is 126 sq meters (1,361 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
Sep 2024 | Vehicle crime | Under investigation | On or near Supermarket |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |