£352,867
This estimated value is based upon the latest sale price for the house of £265,000 on 11 Jul 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Colchester Road
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| Price Paid | Date |
|---|---|
| £265,000 | 11 Jul 2016 |
| £162,000 | 22 Sep 2002 |
| £91,500 | 18 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 July 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £265,000 results in an estimated price of approximately £352,867.
| 11 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £265,000 | £87,867 | £352,867 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 48.493 % | £128,507 | £393,507 |
| 3 Month Average | 7.455 % | £19,755 | £284,755 |
| 6 Month Average | 33.305 % | £88,258 | £353,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £634,392 | £625,000 | 34 SIDEGATE AVENUE |
| 10 Aug 2023 | £264,817 | £262,500 | 131 SHETLAND CLOSE |
| 4 Aug 2023 | £554,854 | £550,000 | 138 COLCHESTER ROAD |
| 16 Jun 2023 | £308,740 | £305,000 | 92 LEOPOLD ROAD |
| 19 Jan 2023 | £278,687 | £280,000 | 125 SHETLAND CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 May 2016. Using an estimated price of £352,868 means this house is valued at £5,114 per sq meter (£475 per sq foot).
The average size of a house on SIDEGATE AVENUE is 121 sq meters (1,311 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Colchester Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sidegate Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rushbury Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leopold Gardens |