£139,058
This estimated value is based upon the latest sale price for the house of £115,000 on 14 Jul 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£115,000 | 14 Jul 2020 |
£104,500 | 24 Jun 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 July 2020 the House Price Index for SUFFOLK was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £115,000 results in an estimated price of approximately £139,058.
14 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £115,000 | £24,058 | £139,058 |
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 | 12.963 % | £14,907 | £129,907 |
3 Month Average | 21.564 % | £24,798 | £139,798 |
6 Month Average | 17.059 % | £19,617 | £134,617 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £193,695 | £192,000 | 28 BURY STREET |
4 Jul 2023 | £113,528 | £112,000 | 21 CHURCH WALK |
2 Jun 2023 | £354,292 | £350,000 | BARCLAYS BANK PLC MARKET PLACE |
28 Mar 2023 | £151,427 | £150,000 | 36 STOWUPLAND STREET |
23 Mar 2023 | £763,190 | £756,000 | ARGOS LTD IPSWICH STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 15 Jun 2020. Using an estimated price of £139,058 means this house is valued at £3,476 per sq meter (£322 per sq foot).
The average size of a house on STATION ROAD EAST is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road West |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Theatre/Concert Hall |
Feb 2024 | Public order | Under investigation | On or near Theatre/Concert Hall |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Theatre/Concert Hall |