£203,487
This estimated value is based upon the latest sale price for the house of £122,500 on 31 Jul 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £122,500 | 31 Jul 2013 |
| £140,000 | 9 Apr 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2013 the House Price Index for SUFFOLK was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £122,500 results in an estimated price of approximately £203,487.
| 31 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £122,500 | £80,987 | £203,487 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 103.967 % | £127,360 | £249,860 |
| 3 Month Average | 37.267 % | £45,652 | £168,152 |
| 6 Month Average | 59.057 % | £72,344 | £194,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £238,531 | £235,000 | 22 UPLAND ROAD |
| 8 Sep 2023 | £210,187 | £207,500 | 24 RINGHAM ROAD |
| 12 Jun 2023 | £212,575 | £210,000 | 38 UPLAND ROAD |
| 13 Feb 2023 | £203,863 | £204,000 | UPLAND CENTRE, 2 UPLAND ROAD |
| 10 Jun 2022 | £139,978 | £138,000 | 41 UPLAND ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 May 2013. Using an estimated price of £203,488 means this house is valued at £2,992 per sq meter (£278 per sq foot).
The average size of a house on RINGHAM ROAD is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Springland Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Other theft | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Under investigation | On or near Supermarket |