£1,441,926
This estimated value is based upon the latest sale price for the house of £1,150,000 on 22 Aug 2017. 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 Park Road
More crime details
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| Price Paid | Date |
|---|---|
| £1,150,000 | 22 Aug 2017 |
| £300,000 | 25 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 366 sq meters or 3,939 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 2017 the House Price Index for SUFFOLK was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £1,150,000 results in an estimated price of approximately £1,441,926.
| 22 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £1,150,000 | £291,926 | £1,441,926 |
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 | 12.433 % | £142,976 | £1,292,976 |
| 3 Month Average | 44.370 % | £510,254 | £1,660,254 |
| 6 Month Average | 32.957 % | £379,001 | £1,529,001 |
This house has a floor area of 366 sq meters or 3,939 sq feet when measured on 29 Jan 2016.
The average size of a house on PARK ROAD is 201 sq meters (2,171 sq feet).
This house is the largest in the street with a floor area of 366 sq meters (3,939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Road |
| Jan 2024 | Other theft | Under investigation | On or near Park Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Park North |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Edmund'S Place |