£139,077
This estimated value is based upon the latest sale price for the house of £140,500 on 18 Jul 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Wellington Street
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| Price Paid | Date |
|---|---|
| £140,500 | 18 Jul 2022 |
| £113,500 | 30 Jul 2007 |
| £35,750 | 23 Apr 1999 |
| Terraced |
| Freehold |
| 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 2022 the House Price Index for SUFFOLK was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £140,500 results in an estimated price of approximately £139,077.
| 18 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £140,500 | £-1,422 | £139,077 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 8.118 % | £11,406 | £151,906 |
| 3 Month Average | -3.579 % | £-5,028 | £135,471 |
| 6 Month Average | 0.151 % | £212 | £140,712 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 16 Sep 2021.
The average size of a house on WELLINGTON STREET is 84 sq meters (905 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wellington Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wellington Street |