£131,419
This estimated value is based upon the latest sale price for the house of £85,500 on 4 Jun 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£85,500 | 4 Jun 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 773 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 2014 the House Price Index for SUFFOLK was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £85,500 results in an estimated price of approximately £131,419.
4 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £85,500 | £45,919 | £131,419 |
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 | 65.756 % | £56,221 | £141,721 |
3 Month Average | 31.779 % | £27,171 | £112,671 |
6 Month Average | 42.742 % | £36,544 | £122,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £131,774 | £130,000 | 24 MYRTLE ROAD |
21 Apr 2023 | £136,469 | £135,000 | 58 FORE HAMLET |
14 Apr 2023 | £137,480 | £136,000 | 92 SILOAM PLACE |
12 Apr 2023 | £105,132 | £104,000 | 98 SILOAM PLACE |
22 Mar 2023 | £111,046 | £110,000 | 11 MYRTLE ROAD |
This house has a floor area of 71 sq meters or 773 sq feet when measured on 16 Mar 2012. Using an estimated price of £131,420 means this house is valued at £1,829 per sq meter (£169 per sq foot).
The average size of a house on FORE HAMLET is 62 sq meters (675 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near A1156 |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near White Elm Street |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Tye Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tye Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Road |