£118,666
This estimated value is based upon the latest sale price for the house of £72,500 on 29 Nov 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £72,500 | 29 Nov 2013 |
| £50,000 | 9 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2013 the House Price Index for SUFFOLK was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £72,500 results in an estimated price of approximately £118,666.
| 29 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £72,500 | £46,166 | £118,666 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | 47.606 % | £34,514 | £107,014 |
| 3 Month Average | 61.110 % | £44,305 | £116,805 |
| 6 Month Average | 53.873 % | £39,057 | £111,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £153,381 | £150,000 | 68 GASKELL PLACE |
| 21 Mar 2023 | £122,038 | £120,000 | 78 BROOMWADE CLOSE |
| 21 Nov 2022 | £144,325 | £145,000 | 8 GASKELL PLACE |
| 19 Jul 2022 | £141,417 | £140,000 | 5 GASKELL PLACE |
| 31 May 2022 | £131,424 | £128,000 | 85 COMPAIR CRESCENT |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 9 Oct 2013. Using an estimated price of £118,666 means this house is valued at £1,854 per sq meter (£172 per sq foot).
The average size of a house on RANELAGH ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Broomwade Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Broomwade Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Broomwade Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomwade Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Broomwade Close |