£224,811
This estimated value is based upon the latest sale price for the house of £139,000 on 15 Mar 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£139,000 | 15 Mar 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 March 2007 the House Price Index for SUFFOLK was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £139,000 results in an estimated price of approximately £224,811.
15 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £139,000 | £85,811 | £224,811 |
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 | 95.452 % | £132,678 | £271,678 |
3 Month Average | 51.239 % | £71,222 | £210,222 |
6 Month Average | 48.334 % | £67,184 | £206,184 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2023 | £110,487 | £109,000 | 21 HOPE COURT |
28 Feb 2023 | £114,923 | £115,000 | 28 SILOAM PLACE |
24 Feb 2023 | £129,913 | £130,000 | 21 ISHAM PLACE |
30 Aug 2022 | £133,142 | £133,500 | 85 POWNALL ROAD |
15 Jun 2022 | £116,648 | £115,000 | 40 POWNALL ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 22 Apr 2020. Using an estimated price of £224,811 means this house is valued at £3,568 per sq meter (£331 per sq foot).
The average size of a house on SILOAM PLACE is 62 sq meters (676 sq feet).