£162,041
This estimated value is based upon the latest sale price for the house of £125,000 on 11 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£125,000 | 11 May 2017 |
£125,000 | 27 Jan 2014 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £125,000 results in an estimated price of approximately £162,041.
11 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £125,000 | £37,041 | £162,041 |
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 | 37.613 % | £47,016 | £172,016 |
3 Month Average | 27.469 % | £34,335 | £159,335 |
6 Month Average | 18.078 % | £22,597 | £147,597 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £256,511 | £250,000 | 481 HAWTHORN DRIVE |
27 Oct 2023 | £232,787 | £227,500 | 24 STONECHAT ROAD |
22 Sep 2023 | £214,734 | £210,000 | 36 GOLDCREST ROAD |
11 Sep 2023 | £301,650 | £295,000 | 471 HAWTHORN DRIVE |
25 Aug 2023 | £216,912 | £213,000 | 17 MERLIN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 11 Nov 2013. Using an estimated price of £162,041 means this house is valued at £1,976 per sq meter (£183 per sq foot).
The average size of a house on STONECHAT ROAD is 90 sq meters (978 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Stonechat Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Goldcrest Court |
Apr 2024 | Anti-social behaviour | On or near Goldcrest Court | |
Apr 2024 | Anti-social behaviour | On or near Goldcrest Court | |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Goldcrest Court |