£449,488
This estimated value is based upon the latest sale price for the house of £265,000 on 21 May 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £265,000 | 21 May 2010 |
| £235,000 | 14 Aug 2002 |
| £190,000 | 27 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 830 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 May 2010 the House Price Index for SUFFOLK was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £265,000 results in an estimated price of approximately £449,488.
| 21 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £265,000 | £184,488 | £449,488 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 127.334 % | £337,435 | £602,435 |
| 3 Month Average | 37.155 % | £98,460 | £363,460 |
| 6 Month Average | 59.256 % | £157,027 | £422,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £131,954 | £130,000 | FLAT 301 1 COPROLITE STREET |
| 3 Jul 2023 | £319,297 | £315,000 | 39 NEPTUNE SQUARE |
| 26 Jun 2023 | £326,454 | £322,500 | 51 NEPTUNE SQUARE |
| 6 Feb 2023 | £274,815 | £275,000 | FLAT 607 1 COPROLITE STREET |
| 1 Sep 2022 | £307,517 | £310,000 | FLAT 508 1 COPROLITE STREET |
This house has a floor area of 77 sq meters or 830 sq feet when measured on 10 Mar 2010. Using an estimated price of £449,489 means this house is valued at £5,823 per sq meter (£541 per sq foot).
The average size of a house on NEPTUNE SQUARE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Neptune Quay |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Feb 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |