£320,138
This estimated value is based upon the latest sale price for the house of £321,000 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£321,000 | 12 Aug 2022 |
£168,000 | 2 Nov 2012 |
£69,000 | 6 Aug 1999 |
£47,000 | 26 Mar 1996 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 £321,000 results in an estimated price of approximately £320,138.
12 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £321,000 | £-861 | £320,138 |
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 | 31.837 % | £102,198 | £423,198 |
3 Month Average | 0.990 % | £3,178 | £324,178 |
6 Month Average | 0.470 % | £1,508 | £322,508 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £317,780 | £315,000 | 75 DEREHAM AVENUE |
19 Aug 2022 | £279,248 | £280,000 | 12 WROXHAM ROAD |
12 Aug 2022 | £320,138 | £321,000 | 31 DEREHAM AVENUE |
25 Apr 2022 | £308,940 | £300,000 | 4 MERSEY ROAD |
14 Jan 2022 | £263,102 | £250,000 | 19 DEREHAM AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 3 Aug 2018. Using an estimated price of £320,138 means this house is valued at £3,233 per sq meter (£300 per sq foot).
The average size of a house on DEREHAM AVENUE is 88 sq meters (954 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dereham Avenue |
Mar 2024 | Anti-social behaviour | On or near Cliff Lane | |
Mar 2024 | Other theft | Under investigation | On or near Cliff Lane |
Mar 2024 | Anti-social behaviour | On or near Cliff Lane | |
Mar 2024 | Burglary | Under investigation | On or near Cliff Lane |