£209,566
This estimated value is based upon the latest sale price for the house of £87,500 on 20 Mar 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Wellington Street
More crime details
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| Price Paid | Date |
|---|---|
| £87,500 | 20 Mar 2003 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 March 2003 the House Price Index for SUFFOLK was 61.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 139.504%.Applying this 139.504% change to the original purchase price of £87,500 results in an estimated price of approximately £209,566.
| 20 Mar 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 146.7 | 139.504 % | £87,500 | £122,066 | £209,566 |
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 | 103.234 % | £90,329 | £177,829 |
| 3 Month Average | 129.358 % | £113,187 | £200,687 |
| 6 Month Average | 140.591 % | £123,016 | £210,516 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 16 Oct 2014.
The average size of a house on WELLINGTON STREET is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wellington Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wellington Street |