£329,782
This estimated value is based upon the latest sale price for the house of £310,000 on 1 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £310,000 | 1 Sep 2021 |
| £163,000 | 4 Aug 2004 |
| £123,000 | 23 Nov 2001 |
| £65,000 | 5 Aug 1999 |
| 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 September 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £310,000 results in an estimated price of approximately £329,782.
| 1 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £310,000 | £19,782 | £329,782 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -27.261 % | £-84,508 | £225,491 |
| 3 Month Average | -7.031 % | £-21,794 | £288,205 |
| 6 Month Average | 15.758 % | £48,851 | £358,851 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 May 2014.
The average size of a house on OUT WESTGATE is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near A143 |
| Mar 2024 | Other theft | Under investigation | On or near A143 |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near A143 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A143 |
| Dec 2023 | Anti-social behaviour | On or near A143 |