£175,441
This estimated value is based upon the latest sale price for the house of £140,000 on 28 Jun 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£140,000 | 28 Jun 2018 |
£125,000 | 26 Aug 2016 |
£120,000 | 16 May 2014 |
£114,500 | 17 Apr 2007 |
£49,500 | 16 Jun 2000 |
£26,000 | 12 Jul 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 2018 the House Price Index for SUFFOLK was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £140,000 results in an estimated price of approximately £175,441.
28 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £140,000 | £35,441 | £175,441 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 46.061 % | £64,484 | £204,484 |
3 Month Average | 19.659 % | £27,523 | £167,523 |
6 Month Average | -11.188 % | £-15,663 | £124,336 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £367,500 | £367,500 | 74 FORNHAM ROAD |
15 Mar 2024 | £152,341 | £150,000 | 21 MERMAID CLOSE |
1 Mar 2022 | £328,839 | £315,000 | 90 FORNHAM ROAD |
27 Aug 2021 | £149,475 | £133,000 | 5 RIVERSIDE COURT BELL MEADOW |
20 Aug 2021 | £188,811 | £168,000 | 19 MERMAID CLOSE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 4 Oct 2021. Using an estimated price of £175,441 means this house is valued at £4,616 per sq meter (£428 per sq foot).
The average size of a house on BELL MEADOW is 70 sq meters (754 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Riverside Court |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Woodford Gardens |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Avenue Approach |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Avenue Approach |
Jul 2024 | Public order | Under investigation | On or near Petrol Station |