£290,844
This estimated value is based upon the latest sale price for the house of £238,500 on 5 Feb 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £238,500 | 5 Feb 2019 |
| £187,000 | 7 Aug 2015 |
| £145,500 | 19 Sep 2008 |
| £165,500 | 29 Jun 2007 |
| £131,000 | 13 Oct 2003 |
| £96,750 | 12 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 February 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.947%.Applying this 21.947% change to the original purchase price of £238,500 results in an estimated price of approximately £290,844.
| 5 Feb 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.947 % | £238,500 | £52,344 | £290,844 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | -0.604 % | £-1,440 | £237,059 |
| 3 Month Average | 5.179 % | £12,352 | £250,852 |
| 6 Month Average | 18.247 % | £43,518 | £282,018 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 31 Mar 2015.
The average size of a house on SPENCER WAY is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Spencer Way | |
| Jan 2024 | Anti-social behaviour | On or near Spencer Way | |
| Jan 2024 | Anti-social behaviour | On or near Spencer Way | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Turner Road |
| Jan 2024 | Anti-social behaviour | On or near Brook Close |