£70,119
This estimated value is based upon the latest sale price for the house of £12,500 on 31 Dec 1995. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £12,500 | 31 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 December 1995 the House Price Index for SUFFOLK was 26.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 460.958%.Applying this 460.958% change to the original purchase price of £12,500 results in an estimated price of approximately £70,119.
| 31 Dec 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 146.7 | 460.958 % | £12,500 | £57,619 | £70,119 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 352.433 % | £44,054 | £56,554 |
| 3 Month Average | 441.876 % | £55,234 | £67,734 |
| 6 Month Average | 410.442 % | £51,305 | £63,805 |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 11 Feb 2020.
The average size of a house on LONDON ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clarkson Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarkson Street |
| Feb 2024 | Drugs | Local resolution | On or near Clarkson Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarkson Street |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Clarkson Street |