£265,886
This estimated value is based upon the latest sale price for the house of £215,000 on 30 Apr 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £215,000 | 30 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 April 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £215,000 results in an estimated price of approximately £265,886.
| 30 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £215,000 | £50,886 | £265,886 |
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 | 59.360 % | £127,623 | £342,623 |
| 3 Month Average | 0.224 % | £481 | £215,481 |
| 6 Month Average | 3.809 % | £8,189 | £223,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £341,173 | £337,500 | 19 DRAYMANS WAY |
| 1 Dec 2021 | £321,413 | £300,000 | 6 DRAYMANS WAY |
| 18 Oct 2021 | £309,814 | £280,000 | 91 OULTON ROAD |
| 25 Jun 2021 | £312,221 | £291,000 | 22 DRAYMANS WAY |
| 4 Dec 2020 | £250,202 | £218,000 | 68 OULTON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Jan 2019. Using an estimated price of £265,886 means this house is valued at £3,593 per sq meter (£333 per sq foot).
The average size of a house on OULTON ROAD is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Draymans Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Draymans Way |
| Mar 2024 | Other crime | Under investigation | On or near Draymans Way |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Draymans Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Draymans Way |