£153,974
This estimated value is based upon the latest sale price for the house of £50,000 on 28 Feb 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£50,000 | 28 Feb 2002 |
Detached |
Leasehold |
Floor Area: 54 sq meters or 587 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 February 2002 the House Price Index for SUFFOLK was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £50,000 results in an estimated price of approximately £153,974.
28 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 148.6 | 207.949 % | £50,000 | £103,974 | £153,974 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 148.536 % | £74,267 | £124,267 |
3 Month Average | 154.112 % | £77,055 | £127,055 |
6 Month Average | 172.365 % | £86,182 | £136,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2023 | £313,374 | £310,000 | 11 UPPER HIGH STREET |
12 Apr 2023 | £267,884 | £265,000 | 59 HIGH STREET |
27 Feb 2023 | £254,829 | £255,000 | 62 BERNERS STREET |
1 Mar 2022 | £336,785 | £325,000 | 3 UPPER HIGH STREET |
24 Jan 2022 | £410,439 | £390,000 | 13 DYKES STREET |
This house has a floor area of 54 sq meters or 587 sq feet when measured on 26 Jul 2010. Using an estimated price of £153,975 means this house is valued at £2,820 per sq meter (£261 per sq foot).
The average size of a house on DYKES STREET is 75 sq meters (812 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Dykes Street |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Dykes Street |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper High Street |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Upper High Street |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Upper High Street |