£244,301
This estimated value is based upon the latest sale price for the house of £55,500 on 12 Apr 1999. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £55,500 | 12 Apr 1999 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 67 sq meters or 721 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 April 1999 the House Price Index for SUFFOLK was 33.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 340.182%.Applying this 340.182% change to the original purchase price of £55,500 results in an estimated price of approximately £244,301.
| 12 Apr 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 146.7 | 340.182 % | £55,500 | £188,801 | £244,301 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 675.088 % | £374,673 | £430,173 |
| 3 Month Average | 492.238 % | £273,192 | £328,692 |
| 6 Month Average | 459.874 % | £255,230 | £310,730 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 Mar 2019.
The average size of a house on RANELAGH ROAD is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hamilton Gardens |
| Jan 2024 | Drugs | Local resolution | On or near Hamilton Gardens |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hamilton Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Victoria Street |