£409,147
This estimated value is based upon the latest sale price for the house of £240,000 on 23 Nov 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 23 Nov 2012 |
| £250,000 | 6 Jan 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 November 2012 the House Price Index for SUFFOLK was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £240,000 results in an estimated price of approximately £409,147.
| 23 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £240,000 | £169,147 | £409,147 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 101.628 % | £243,906 | £483,906 |
| 3 Month Average | 67.713 % | £162,511 | £402,511 |
| 6 Month Average | 59.671 % | £143,210 | £383,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £504,380 | £500,000 | SNIPE COTTAGE, 3 BROOK STREET |
| 18 Sep 2023 | £490,820 | £480,000 | APARTMENT 1 DEBEN WHARF TIDE MILL WAY |
| 26 Jun 2023 | £237,255 | £232,500 | 2 QUAYSIDE PLACE |
| 12 Apr 2023 | £366,862 | £360,000 | 28 BROOK STREET |
| 9 Feb 2023 | £392,623 | £390,000 | CORNERWAYS HAMBLIN ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 27 Jul 2012. Using an estimated price of £409,148 means this house is valued at £6,494 per sq meter (£603 per sq foot).
The average size of a house on TIDE MILL WAY is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Jacobs Way |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |