£329,899
This estimated value is based upon the latest sale price for the house of £236,897 on 18 Nov 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£236,897 | 18 Nov 2015 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 November 2015 the House Price Index for SUFFOLK was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £236,897 results in an estimated price of approximately £329,899.
18 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £236,897 | £93,002 | £329,899 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | -15.451 % | £-36,602 | £200,294 |
3 Month Average | 12.764 % | £30,237 | £267,134 |
6 Month Average | 25.937 % | £61,444 | £298,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £248,173 | £245,000 | 2 MONTAGU DRIVE |
23 Jun 2023 | £170,819 | £168,750 | 38 FRANKLIN ROAD |
14 Apr 2023 | £313,374 | £310,000 | 41 GILBERT ROAD |
24 Nov 2022 | £217,367 | £220,000 | 3 FRANKLIN ROAD |
28 Oct 2022 | £281,964 | £285,000 | 41 FRANKLIN ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 30 Oct 2015. Using an estimated price of £329,899 means this house is valued at £2,618 per sq meter (£243 per sq foot).
The average size of a house on MONTAGU DRIVE is 117 sq meters (1,259 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montagu Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayflower Avenue |
Mar 2024 | Anti-social behaviour | On or near Mayflower Avenue | |
Mar 2024 | Anti-social behaviour | On or near Mayflower Avenue | |
Mar 2024 | Anti-social behaviour | On or near Mayflower Avenue |