£250,685
This estimated value is based upon the latest sale price for the house of £210,000 on 26 Jul 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £210,000 | 26 Jul 2020 |
| £165,000 | 9 May 2014 |
| £155,000 | 8 Dec 2006 |
| £114,000 | 22 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 July 2020 the House Price Index for SUFFOLK was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £210,000 results in an estimated price of approximately £250,685.
| 26 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £210,000 | £40,685 | £250,685 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 13.564 % | £28,484 | £238,484 |
| 3 Month Average | 6.152 % | £12,919 | £222,919 |
| 6 Month Average | 12.189 % | £25,597 | £235,597 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 16 Apr 2012.
The average size of a house on TOWER MILL ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farina Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Farina Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millers View |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tower Mill Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Tower Mill Road |