£295,279
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Mar 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £175,000 | 8 Mar 2012 |
| £240,000 | 10 Mar 2006 |
| £180,000 | 26 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,214 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 March 2012 the House Price Index for SUFFOLK was 86.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.731%.Applying this 68.731% change to the original purchase price of £175,000 results in an estimated price of approximately £295,279.
| 8 Mar 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 146.7 | 68.731 % | £175,000 | £120,279 | £295,279 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 144.965 % | £253,688 | £428,688 |
| 3 Month Average | 104.332 % | £182,580 | £357,580 |
| 6 Month Average | 90.325 % | £158,069 | £333,069 |
This house has a floor area of 112 sq meters or 1,214 sq feet when measured on 11 Oct 2010.
The average size of a house on RIBY ROAD is 123 sq meters (1,324 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Riby Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riby Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Terrace |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Terrace |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lincoln Terrace |