£301,713
This estimated value is based upon the latest sale price for the house of £240,000 on 20 Dec 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 20 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2017 the House Price Index for SUFFOLK was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £240,000 results in an estimated price of approximately £301,713.
| 20 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £240,000 | £61,713 | £301,713 |
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 | 33.798 % | £81,114 | £321,114 |
| 3 Month Average | 20.451 % | £49,082 | £289,082 |
| 6 Month Average | 19.625 % | £47,099 | £287,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £252,206 | £250,000 | 11 LARCHCROFT ROAD |
| 9 Jun 2023 | £308,740 | £305,000 | 5 LARCHCROFT ROAD |
| 26 Apr 2023 | £321,461 | £318,000 | 61 LARCHCROFT ROAD |
| 10 Feb 2023 | £284,808 | £285,000 | 45 FIRCROFT ROAD |
| 18 Nov 2022 | £276,649 | £280,000 | 61 FIRCROFT ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 3 Oct 2017. Using an estimated price of £301,714 means this house is valued at £3,467 per sq meter (£322 per sq foot).
The average size of a house on LARCHCROFT ROAD is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosecroft Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larchcroft Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wharfedale Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Congreve Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Elmcroft Road |