£175,065
This estimated value is based upon the latest sale price for the house of £170,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£170,000 | 8 Apr 2022 |
£136,000 | 24 Jan 2018 |
£23,000 | 27 May 1999 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 April 2022 the House Price Index for SUFFOLK was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £170,000 results in an estimated price of approximately £175,065.
8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £170,000 | £5,065 | £175,065 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 39.312 % | £66,829 | £236,829 |
3 Month Average | 19.577 % | £33,281 | £203,281 |
6 Month Average | 15.295 % | £26,001 | £196,001 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £193,384 | £190,000 | 99 ROWAN DRIVE |
28 Nov 2023 | £177,630 | £175,000 | 91 ROWAN DRIVE |
12 Jul 2023 | £162,183 | £160,000 | 112 ROWAN DRIVE |
23 Jun 2023 | £135,643 | £134,000 | 100 ROWAN DRIVE |
5 Jun 2023 | £192,330 | £190,000 | 130 LONDON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 24 Nov 2017. Using an estimated price of £175,066 means this house is valued at £2,823 per sq meter (£262 per sq foot).
The average size of a house on LONDON ROAD is 97 sq meters (1,053 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near London Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Place |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Place |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Rowan Drive |