£304,434
This estimated value is based upon the latest sale price for the house of £180,000 on 8 Apr 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Cumberland Road
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| Price Paid | Date |
|---|---|
| £180,000 | 8 Apr 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2011 the House Price Index for SUFFOLK was 86.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.130%.Applying this 69.130% change to the original purchase price of £180,000 results in an estimated price of approximately £304,434.
| 8 Apr 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 146.7 | 69.130 % | £180,000 | £124,434 | £304,434 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 52.367 % | £94,261 | £274,261 |
| 3 Month Average | 84.745 % | £152,541 | £332,541 |
| 6 Month Average | 64.629 % | £116,331 | £296,331 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Aug 2012.
The average size of a house on CUMBERLAND ROAD is 125 sq meters (1,347 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cumberland Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chester Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St James' Green |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |