£249,605
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Jul 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 28 Jul 2021 |
| £143,500 | 18 May 2012 |
| £52,500 | 16 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 767 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 2021 the House Price Index for SUFFOLK was 129.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.457%.Applying this 13.457% change to the original purchase price of £220,000 results in an estimated price of approximately £249,605.
| 28 Jul 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 146.7 | 13.457 % | £220,000 | £29,605 | £249,605 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 7.095 % | £15,609 | £235,609 |
| 3 Month Average | -3.514 % | £-7,729 | £212,270 |
| 6 Month Average | 7.100 % | £15,619 | £235,619 |
This house has a floor area of 71 sq meters or 767 sq feet when measured on 9 Aug 2011.
The average size of a house on SPENCER WAY is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Spencer Way | |
| Jan 2024 | Anti-social behaviour | On or near Spencer Way | |
| Jan 2024 | Anti-social behaviour | On or near Spencer Way | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Turner Road |
| Jan 2024 | Anti-social behaviour | On or near Brook Close |