£924,925
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Aug 2000. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 25 Aug 2000 |
| Detached |
| Freehold |
| Floor Area: 304 sq meters or 3,272 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 2000 the House Price Index for SUFFOLK was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £250,000 results in an estimated price of approximately £924,925.
| 25 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £250,000 | £674,925 | £924,925 |
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 | 305.405 % | £763,512 | £1,013,512 |
| 3 Month Average | 212.897 % | £532,243 | £782,243 |
| 6 Month Average | 222.663 % | £556,656 | £806,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £238,569 | £236,000 | 22 BISHOPS HILL |
| 22 Mar 2023 | £111,046 | £110,000 | 11 MYRTLE ROAD |
| 10 Feb 2023 | £214,855 | £215,000 | 20 MITRE WAY |
| 29 Apr 2022 | £288,344 | £280,000 | 6 ELIZABETH COURT |
| 22 Apr 2022 | £221,407 | £215,000 | 119 CAVENDISH STREET |
This house has a floor area of 304 sq meters or 3,272 sq feet when measured on 16 Mar 2020. Using an estimated price of £924,926 means this house is valued at £3,042 per sq meter (£282 per sq foot).
The average size of a house on BISHOPS HILL is 168 sq meters (1,818 sq feet).
This house is the largest in the street with a floor area of 304 sq meters (3,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Further investigation is not in the public interest | On or near Bishop'S Hill |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mitre Way |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Rosehill Crescent |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rosehill Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosehill Crescent |