£416,582
This estimated value is based upon the latest sale price for the house of £365,000 on 27 Jan 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £365,000 | 27 Jan 2021 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 January 2021 the House Price Index for SUFFOLK was 130.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.132%.Applying this 14.132% change to the original purchase price of £365,000 results in an estimated price of approximately £416,582.
| 27 Jan 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.6 | 14.132 % | £365,000 | £51,582 | £416,582 |
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 | 38.947 % | £142,157 | £507,157 |
| 3 Month Average | -12.761 % | £-46,577 | £318,422 |
| 6 Month Average | 1.890 % | £6,896 | £371,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £273,497 | £270,000 | 19 CROMARTY ROAD |
| 30 Jan 2023 | £338,406 | £340,000 | 4 NORBURY ROAD |
| 29 Apr 2022 | £406,771 | £395,000 | 60 WESTBURY ROAD |
| 4 Apr 2022 | £413,979 | £402,000 | 240 COLCHESTER ROAD |
| 21 Dec 2021 | £374,982 | £350,000 | 6 NORBURY ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 25 Aug 2020. Using an estimated price of £416,582 means this house is valued at £4,339 per sq meter (£403 per sq foot).
The average size of a house on COLCHESTER ROAD is 123 sq meters (1,332 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenhurst Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rushbury Close |
| Feb 2024 | Anti-social behaviour | On or near Melrose Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Melrose Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Melrose Gardens |