£179,066
This estimated value is based upon the latest sale price for the house of £175,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£175,000 | 12 Oct 2023 |
£170,000 | 8 Oct 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 114 sq meters or 1,227 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 October 2023 the House Price Index for SUFFOLK was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £175,000 results in an estimated price of approximately £179,066.
12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £175,000 | £4,066 | £179,066 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | -7.114 % | £-12,450 | £162,549 |
3 Month Average | 6.684 % | £11,697 | £186,697 |
6 Month Average | 14.166 % | £24,789 | £199,789 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £215,469 | £210,000 | 22 VIOLET HILL ROAD |
12 Oct 2023 | £179,067 | £175,000 | 4 EVELYN FISON HOUSE EASTWARD PLACE |
6 Apr 2023 | £224,193 | £220,000 | 57 VIOLET HILL ROAD |
21 Mar 2023 | £199,837 | £196,500 | 22 EVELYN FISON MEWS |
10 Mar 2023 | £170,345 | £167,500 | 3 EVELYN FISON HOUSE EASTWARD PLACE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 8 Aug 2018. Using an estimated price of £179,067 means this house is valued at £1,570 per sq meter (£145 per sq foot).
The average size of a house on EASTWARD PLACE is 82 sq meters (883 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Police Station |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |
Aug 2024 | Anti-social behaviour | On or near Police Station | |
Aug 2024 | Anti-social behaviour | On or near Police Station | |
Aug 2024 | Anti-social behaviour | On or near Police Station |