£307,185
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 24 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 2020 the House Price Index for SUFFOLK was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £250,000 results in an estimated price of approximately £307,185.
| 24 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £250,000 | £57,185 | £307,185 |
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 | 30.014 % | £75,035 | £325,035 |
| 3 Month Average | 20.552 % | £51,378 | £301,378 |
| 6 Month Average | 24.356 % | £60,889 | £310,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £66,693 | £65,000 | 9 OLD SCHOOL COURT VIOLET HILL ROAD |
| 14 Nov 2023 | £215,469 | £210,000 | 22 VIOLET HILL ROAD |
| 12 Oct 2023 | £179,067 | £175,000 | 4 EVELYN FISON HOUSE EASTWARD PLACE |
| 6 Apr 2023 | £224,193 | £220,000 | 57 VIOLET HILL ROAD |
| 10 Mar 2023 | £170,345 | £167,500 | 3 EVELYN FISON HOUSE EASTWARD PLACE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 28 Oct 2019. Using an estimated price of £307,186 means this house is valued at £3,134 per sq meter (£291 per sq foot).
The average size of a house on VIOLET HILL ROAD is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Violet Hill Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Violet Hill Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Violet Hill Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Violet Hill Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Violet Hill Road |