£288,432
This estimated value is based upon the latest sale price for the house of £205,000 on 27 Oct 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £205,000 | 27 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2015 the House Price Index for SUFFOLK was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £205,000 results in an estimated price of approximately £288,432.
| 27 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £205,000 | £83,432 | £288,432 |
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 | 63.090 % | £129,334 | £334,334 |
| 3 Month Average | 29.332 % | £60,131 | £265,131 |
| 6 Month Average | 28.059 % | £57,520 | £262,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £237,235 | £235,000 | 20 ST LEONARDS ROAD |
| 1 Feb 2023 | £286,357 | £286,550 | 52 RANSOME ROAD |
| 30 Jun 2022 | £256,119 | £252,500 | 23 ST LEONARDS ROAD |
| 31 Mar 2022 | £300,511 | £289,995 | 50 RANSOME ROAD |
| 11 Mar 2022 | £305,697 | £295,000 | 23 LOCARNO ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 13 Dec 2014. Using an estimated price of £288,432 means this house is valued at £3,517 per sq meter (£326 per sq foot).
The average size of a house on RANSOME ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ransome Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Davids Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near St Davids Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drake Square North |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Drake Square North |