£393,607
This estimated value is based upon the latest sale price for the house of £217,500 on 18 Aug 2005. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £217,500 | 18 Aug 2005 |
| 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 August 2005 the House Price Index for SUFFOLK was 81.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 80.969%.Applying this 80.969% change to the original purchase price of £217,500 results in an estimated price of approximately £393,607.
| 18 Aug 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 146.7 | 80.969 % | £217,500 | £176,107 | £393,607 |
The Postcode Pricing Model uses changes in average sales price within the IP15 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 | 39.148 % | £85,146 | £302,646 |
| 3 Month Average | 74.959 % | £163,036 | £380,536 |
| 6 Month Average | 85.944 % | £186,929 | £404,429 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Sep 2021.
The average size of a house on SPRINGFIELD ROAD is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklin Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklin Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Folly End |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Folly End |