£288,027
This estimated value is based upon the latest sale price for the house of £183,500 on 30 May 2008. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £183,500 | 30 May 2008 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2008 the House Price Index for SUFFOLK was 93.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.963%.Applying this 56.963% change to the original purchase price of £183,500 results in an estimated price of approximately £288,027.
| 30 May 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 146.7 | 56.963 % | £183,500 | £104,527 | £288,027 |
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 | 89.638 % | £164,484 | £347,984 |
| 3 Month Average | 58.705 % | £107,724 | £291,224 |
| 6 Month Average | 61.141 % | £112,192 | £295,692 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 May 2018.
The average size of a house on SILOAM PLACE is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Tye Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tye Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Road |
| Jan 2024 | Drugs | Formal action is not in the public interest | On or near Myrtle Road |