£124,753
This estimated value is based upon the latest sale price for the house of £52,500 on 20 Jun 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£52,500 | 20 Jun 2003 |
£23,500 | 30 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 2003 the House Price Index for SUFFOLK was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £52,500 results in an estimated price of approximately £124,753.
20 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 149.7 | 137.625 % | £52,500 | £72,253 | £124,753 |
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 | 124.495 % | £65,360 | £117,860 |
3 Month Average | 110.745 % | £58,141 | £110,641 |
6 Month Average | 115.261 % | £60,512 | £113,012 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jun 2024 | £295,000 | £295,000 | 5 BELSTEAD AVENUE |
19 Dec 2023 | £361,096 | £350,000 | 17 BELSTEAD AVENUE |
13 Oct 2023 | £245,578 | £240,000 | 59A BELSTEAD AVENUE |
31 Mar 2023 | £142,378 | £140,000 | 24 MAIDENHALL APPROACH |
31 Mar 2023 | £300,010 | £295,000 | 55 BELSTEAD AVENUE |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 18 Nov 2014. Using an estimated price of £124,753 means this house is valued at £3,898 per sq meter (£362 per sq foot).
The average size of a house on BELSTEAD AVENUE is 86 sq meters (933 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belstead Avenue |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luther Road |
Oct 2024 | Other crime | Under investigation | On or near La Salle Close |
Sep 2024 | Anti-social behaviour | On or near La Salle Close | |
Sep 2024 | Anti-social behaviour | On or near La Salle Close |