£254,812
This estimated value is based upon the latest sale price for the house of £195,000 on 26 Jan 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 26 Jan 2017 |
| £115,000 | 4 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2017 the House Price Index for SUFFOLK was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £195,000 results in an estimated price of approximately £254,812.
| 26 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £195,000 | £59,812 | £254,812 |
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 | 41.160 % | £80,261 | £275,261 |
| 3 Month Average | 1.990 % | £3,880 | £198,880 |
| 6 Month Average | 15.636 % | £30,490 | £225,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £131,774 | £130,000 | 24 MYRTLE ROAD |
| 6 Apr 2023 | £238,569 | £236,000 | 22 BISHOPS HILL |
| 22 Mar 2023 | £111,046 | £110,000 | 11 MYRTLE ROAD |
| 10 Feb 2023 | £214,855 | £215,000 | 20 MITRE WAY |
| 1 Jul 2022 | £125,337 | £125,000 | 120 FORE HAMLET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 14 Aug 2015. Using an estimated price of £254,812 means this house is valued at £2,710 per sq meter (£251 per sq foot).
The average size of a house on BISHOPS HILL is 168 sq meters (1,818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mitre Way |
| Mar 2024 | Drugs | Further investigation is not in the public interest | On or near Bishop'S Hill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A1156 |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near White Elm Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Road |