£423,744
This estimated value is based upon the latest sale price for the house of £248,000 on 19 Jun 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£248,000 | 19 Jun 2012 |
£220,000 | 19 May 2003 |
£88,000 | 17 Aug 2000 |
Semi-Detached |
Freehold |
Floor Area: 154 sq meters or 1,658 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 June 2012 the House Price Index for SUFFOLK was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £248,000 results in an estimated price of approximately £423,744.
19 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.865 % | £248,000 | £175,744 | £423,744 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 126.729 % | £314,288 | £562,288 |
3 Month Average | 70.198 % | £174,091 | £422,091 |
6 Month Average | 72.317 % | £179,346 | £427,346 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £373,476 | £362,000 | 98 ST ANDREWS ROAD |
3 Nov 2023 | £405,288 | £395,000 | 92 RANELAGH ROAD |
15 Feb 2023 | £113,760 | £113,000 | FLAT 3 91 RANELAGH ROAD |
18 Jul 2022 | £138,892 | £137,500 | 120B HAMILTON ROAD |
13 Jun 2022 | £171,210 | £167,550 | 10A GAINSBOROUGH ROAD |
This house has a floor area of 154 sq meters or 1,658 sq feet when measured on 31 Jan 2012. Using an estimated price of £423,744 means this house is valued at £2,750 per sq meter (£255 per sq foot).
The average size of a house on GAINSBOROUGH ROAD is 117 sq meters (1,267 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gainsborough Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gainsborough Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near York Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |