£141,905
This estimated value is based upon the latest sale price for the house of £107,950 on 15 Jul 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£107,950 | 15 Jul 2016 |
£85,000 | 10 Feb 2015 |
£36,000 | 24 May 2001 |
£29,000 | 23 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 July 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £107,950 results in an estimated price of approximately £141,905.
15 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 146.7 | 31.455 % | £107,950 | £33,955 | £141,905 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 27.151 % | £29,309 | £137,259 |
3 Month Average | 18.178 % | £19,623 | £127,573 |
6 Month Average | 36.726 % | £39,645 | £147,595 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 16 Sep 2014.
The average size of a house on DOWNSIDE is 63 sq meters (680 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Downside |
Mar 2024 | Public order | Local resolution | On or near Meadow Close |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Boulters Close |
Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Thirlmere Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Thirlmere Drive |