£218,065
This estimated value is based upon the latest sale price for the house of £190,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £190,000 | 18 Dec 2020 |
| £102,000 | 17 Nov 2004 |
| £54,000 | 10 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2020 the House Price Index for SUFFOLK was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £190,000 results in an estimated price of approximately £218,065.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £190,000 | £28,065 | £218,065 |
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 | 10.120 % | £19,227 | £209,227 |
| 3 Month Average | -1.636 % | £-3,108 | £186,891 |
| 6 Month Average | 0.438 % | £832 | £190,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £284,986 | £280,000 | 35 RANDS WAY |
| 13 Apr 2023 | £141,524 | £140,000 | 47A QUEENS WAY |
| 14 Mar 2023 | £189,283 | £187,500 | 19 KINGS WAY |
| 26 Jan 2023 | £254,800 | £256,000 | 14 HEATHER AVENUE |
| 20 Jan 2023 | £94,555 | £95,000 | 56A QUEENS WAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Apr 2020. Using an estimated price of £218,066 means this house is valued at £2,450 per sq meter (£227 per sq foot).
The average size of a house on PACKARD AVENUE is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Recreation Way |
| Mar 2024 | Anti-social behaviour | On or near Recreation Way | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Recreation Way |
| Jan 2024 | Public order | Under investigation | On or near Recreation Way |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Recreation Way |