£284,234
This estimated value is based upon the latest sale price for the house of £285,000 on 26 Aug 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been two burglaries within the last year on or near Saxmundham (Station)
More crime details
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Price Paid | Date |
---|---|
£285,000 | 26 Aug 2022 |
£233,750 | 19 Dec 2018 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 August 2022 the House Price Index for SUFFOLK was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £285,000 results in an estimated price of approximately £284,234.
26 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £285,000 | £-765 | £284,234 |
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 | -56.756 % | £-161,754 | £123,245 |
3 Month Average | -27.558 % | £-78,540 | £206,459 |
6 Month Average | -21.437 % | £-61,096 | £223,903 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £167,807 | £166,000 | 45 HIGH STREET |
22 Mar 2023 | £174,141 | £172,500 | 45B HIGH STREET |
6 Jan 2023 | £223,945 | £225,000 | ROSEMARY COTTAGE MARKET PLACE |
12 Oct 2022 | £194,901 | £197,000 | 15 HIGH STREET |
26 Aug 2022 | £284,235 | £285,000 | 3 BAKERS MEWS |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 6 Jul 2017. Using an estimated price of £284,235 means this house is valued at £2,733 per sq meter (£253 per sq foot).
The average size of a house on BAKERS MEWS is 112 sq meters (1,209 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | On or near Saxmundham (Station) | |
Mar 2024 | Criminal damage and arson | On or near Saxmundham (Station) | |
Mar 2024 | Criminal damage and arson | On or near Saxmundham (Station) | |
Mar 2024 | Burglary | On or near Saxmundham (Station) | |
Mar 2024 | Burglary | On or near Saxmundham (Station) |