£197,265
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Sep 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £120,000 | 27 Sep 2013 |
| £225,000 | 11 Apr 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 September 2013 the House Price Index for SUFFOLK was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £120,000 results in an estimated price of approximately £197,265.
| 27 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £120,000 | £77,265 | £197,265 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 96.428 % | £115,713 | £235,713 |
| 3 Month Average | 46.952 % | £56,342 | £176,342 |
| 6 Month Average | 54.403 % | £65,284 | £185,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2020 | £313,900 | £273,500 | PENTHOUSE 1003 51 PATTESON ROAD |
| 13 Mar 2020 | £234,865 | £195,000 | APARTMENT 402 3 ANCHOR STREET |
| 10 Oct 2019 | £229,322 | £187,000 | APARTMENT 205 3 ANCHOR STREET |
| 9 Jul 2019 | £296,010 | £240,000 | APARTMENT 505 3 ANCHOR STREET |
| 18 Mar 2019 | £308,847 | £250,000 | 23 PATTESON ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Mar 2019. Using an estimated price of £197,266 means this house is valued at £2,988 per sq meter (£277 per sq foot).
The average size of a house on ANCHOR STREET is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Patteson Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patteson Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Patteson Road |
| Feb 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Patteson Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Patteson Road |