£237,933
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Nov 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£220,000 | 17 Nov 2021 |
£205,000 | 30 May 2019 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 2021 the House Price Index for SUFFOLK was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £220,000 results in an estimated price of approximately £237,933.
17 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £220,000 | £17,933 | £237,933 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | -3.131 % | £-6,887 | £213,112 |
3 Month Average | 5.878 % | £12,930 | £232,930 |
6 Month Average | 1.739 % | £3,825 | £223,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £179,676 | £177,500 | FLAT 14 1 MIMAS WAY |
30 Jan 2023 | £193,090 | £194,000 | 46 MIMAS WAY |
27 Jan 2023 | £129,390 | £130,000 | 101 SATURN ROAD |
11 Jan 2023 | £150,292 | £151,000 | 111 SATURN ROAD |
6 Jan 2023 | £144,320 | £145,000 | 133 SATURN ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 11 Apr 2019. Using an estimated price of £237,933 means this house is valued at £3,351 per sq meter (£311 per sq foot).
The average size of a house on MIMAS WAY is 76 sq meters (823 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spinner Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Spinner Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sapphire Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sapphire Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lone Barn Court |