£187,648
This estimated value is based upon the latest sale price for the house of £59,500 on 14 Dec 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£59,500 | 14 Dec 2001 |
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 December 2001 the House Price Index for SUFFOLK was 46.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 215.376%.Applying this 215.376% change to the original purchase price of £59,500 results in an estimated price of approximately £187,648.
14 Dec 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 148.0 | 215.376 % | £59,500 | £128,148 | £187,648 |
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 | 80.213 % | £47,726 | £107,226 |
3 Month Average | 107.493 % | £63,958 | £123,458 |
6 Month Average | 173.710 % | £103,357 | £162,857 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £150,508 | £150,000 | 21 MERMAID CLOSE |
9 Mar 2022 | £166,165 | £161,000 | 7 MERMAID CLOSE |
1 Mar 2022 | £325,105 | £315,000 | 90 FORNHAM ROAD |
27 Aug 2021 | £147,778 | £133,000 | 5 RIVERSIDE COURT BELL MEADOW |
20 Aug 2021 | £186,667 | £168,000 | 19 MERMAID CLOSE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 11 Nov 2019. Using an estimated price of £187,649 means this house is valued at £4,938 per sq meter (£458 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 | Under investigation | On or near Riverside Court |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Riverside Court |
Jan 2024 | Anti-social behaviour | On or near Layham Drive | |
Jan 2024 | Anti-social behaviour | On or near Layham Drive | |
Jan 2024 | Anti-social behaviour | On or near Layham Drive |