£189,481
This estimated value is based upon the latest sale price for the house of £80,000 on 30 May 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £80,000 | 30 May 2003 |
| Terraced |
| 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 May 2003 the House Price Index for SUFFOLK was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £80,000 results in an estimated price of approximately £189,481.
| 30 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £80,000 | £109,481 | £189,481 |
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 | 175.377 % | £140,301 | £220,301 |
| 3 Month Average | 109.866 % | £87,893 | £167,893 |
| 6 Month Average | 109.786 % | £87,828 | £167,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £136,469 | £135,000 | 58 FORE HAMLET |
| 27 Mar 2023 | £201,902 | £200,000 | 9 BACK HAMLET |
| 15 Mar 2023 | £121,141 | £120,000 | 104 BACK HAMLET |
| 20 Feb 2023 | £84,943 | £85,000 | FLAT 2 2 BACK HAMLET |
| 1 Feb 2023 | £87,941 | £88,000 | FLAT 6 2 BACK HAMLET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 13 Mar 2019. Using an estimated price of £189,481 means this house is valued at £2,746 per sq meter (£255 per sq foot).
The average size of a house on BACK HAMLET is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Back Hamlet |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fore Hamlet |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fore Hamlet |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fore Hamlet |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fore Hamlet |