£508,252
This estimated value is based upon the latest sale price for the house of £350,000 on 25 Jun 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £350,000 | 25 Jun 2015 |
| £160,000 | 5 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 June 2015 the House Price Index for SUFFOLK was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £350,000 results in an estimated price of approximately £508,252.
| 25 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £350,000 | £158,252 | £508,252 |
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 | 34.793 % | £121,776 | £471,776 |
| 3 Month Average | 37.263 % | £130,421 | £480,421 |
| 6 Month Average | 52.516 % | £183,806 | £533,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £422,716 | £423,000 | 28 TEMPLE ROAD |
| 17 Mar 2022 | £518,131 | £500,000 | 29 TEMPLE ROAD |
| 18 Feb 2022 | £440,452 | £420,000 | 17 LOCKINGTON ROAD |
| 11 Feb 2022 | £513,860 | £490,000 | 46 TEMPLE ROAD |
| 10 Sep 2021 | £455,283 | £422,500 | 19 TEMPLE ROAD |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 4 Feb 2015. Using an estimated price of £508,252 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on TEMPLE ROAD is 175 sq meters (1,888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Drugs | Under investigation | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |