£215,535
This estimated value is based upon the latest sale price for the house of £91,000 on 29 May 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £91,000 | 29 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2003 the House Price Index for SUFFOLK was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £91,000 results in an estimated price of approximately £215,535.
| 29 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £91,000 | £124,535 | £215,535 |
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 | 175.377 % | £159,593 | £250,593 |
| 3 Month Average | 109.866 % | £99,978 | £190,978 |
| 6 Month Average | 109.786 % | £99,904 | £190,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £218,649 | £216,000 | 21 FRANKLIN ROAD |
| 13 Apr 2023 | £141,524 | £140,000 | 47A QUEENS WAY |
| 14 Mar 2023 | £189,283 | £187,500 | 19 KINGS WAY |
| 1 Feb 2023 | £244,236 | £244,400 | 9 SHACKLETON ROAD |
| 20 Jan 2023 | £94,555 | £95,000 | 56A QUEENS WAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Sep 2015. Using an estimated price of £215,535 means this house is valued at £2,596 per sq meter (£241 per sq foot).
The average size of a house on FRANKLIN ROAD is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Collingwood Avenue |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Collingwood Avenue |
| Mar 2024 | Public order | Local resolution | On or near Franklin Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Franklin Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sturdee Avenue |