£388,892
This estimated value is based upon the latest sale price for the house of £299,995 on 26 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£299,995 | 26 May 2017 |
Terraced |
Freehold |
Floor Area: 141 sq meters or 1,517 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 May 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £299,995 results in an estimated price of approximately £388,892.
26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £299,995 | £88,897 | £388,892 |
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 | 18.118 % | £54,353 | £354,348 |
3 Month Average | -11.865 % | £-35,595 | £264,399 |
6 Month Average | -3.625 % | £-10,874 | £289,120 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £373,241 | £370,000 | 78 BEECH ROAD |
26 Jun 2023 | £250,010 | £245,000 | 2 YEW CLOSE |
28 Oct 2022 | £236,709 | £237,500 | 47 BEECH ROAD |
14 Apr 2022 | £255,725 | £246,500 | 61 BEECH ROAD |
30 Sep 2021 | £358,238 | £330,000 | 5 BEECH ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 10 Apr 2017. Using an estimated price of £388,892 means this house is valued at £2,758 per sq meter (£256 per sq foot).
The average size of a house on BEECH ROAD is 106 sq meters (1,148 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Drugs | Under investigation | On or near Elm Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Warren Avenue |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Warren Avenue |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warren Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warren Avenue |