£234,246
This estimated value is based upon the latest sale price for the house of £215,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £215,000 | 12 Nov 2021 |
| £145,000 | 24 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 November 2021 the House Price Index for SUFFOLK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £215,000 results in an estimated price of approximately £234,246.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £215,000 | £19,246 | £234,246 |
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 | 23.222 % | £49,927 | £264,927 |
| 3 Month Average | 6.229 % | £13,392 | £228,392 |
| 6 Month Average | 3.090 % | £6,643 | £221,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £186,498 | £186,000 | 29 FLETCHER ROAD |
| 29 Apr 2022 | £212,671 | £205,000 | 83 FLETCHER ROAD |
| 20 Apr 2022 | £226,158 | £218,000 | 52 ROMNEY ROAD |
| 21 Jan 2022 | £185,535 | £175,000 | 82 ROMNEY ROAD |
| 12 Nov 2021 | £234,247 | £215,000 | 88 ROMNEY ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 May 2014. Using an estimated price of £234,247 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on ROMNEY ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Romney Road |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Romney Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fletcher Road |