£389,899
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Jan 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 28 Jan 2013 |
| £197,500 | 21 Nov 2005 |
| £49,000 | 31 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2013 the House Price Index for SUFFOLK was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £230,000 results in an estimated price of approximately £389,899.
| 28 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £230,000 | £159,899 | £389,899 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 1.699 % | £3,908 | £233,908 |
| 3 Month Average | 18.248 % | £41,970 | £271,970 |
| 6 Month Average | 44.411 % | £102,145 | £332,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £320,610 | £315,000 | 101 SPRINGFIELD ROAD |
| 19 Sep 2023 | £196,006 | £193,500 | 31 CORNFIELD ROAD |
| 16 Mar 2023 | £300,329 | £297,500 | 86 SPRINGFIELD ROAD |
| 28 Feb 2023 | £314,788 | £315,000 | 4 DURBAR TERRACE |
| 3 Feb 2023 | £319,785 | £320,000 | 107 SPRINGFIELD ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 7 Jun 2012. Using an estimated price of £389,899 means this house is valued at £3,822 per sq meter (£355 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cornfield Road |
| Mar 2024 | Anti-social behaviour | On or near Cornfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Cornfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Cornfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Cornfield Road |