£197,391
This estimated value is based upon the latest sale price for the house of £195,000 on 27 Jun 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 27 Jun 2023 |
| £150,000 | 19 Dec 2017 |
| £121,000 | 6 Apr 2010 |
| £80,000 | 6 Jan 2003 |
| £39,500 | 27 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2023 the House Price Index for SUFFOLK was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £195,000 results in an estimated price of approximately £197,391.
| 27 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £195,000 | £2,391 | £197,391 |
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 | 27.756 % | £54,124 | £249,124 |
| 3 Month Average | -6.642 % | £-12,952 | £182,047 |
| 6 Month Average | -4.390 % | £-8,559 | £186,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £237,658 | £233,500 | 3 DITTON WAY |
| 5 Jul 2023 | £279,309 | £275,550 | 27 PEARCE ROAD |
| 27 Jun 2023 | £197,391 | £195,000 | 73 ORWELL ROAD |
| 3 Mar 2023 | £171,617 | £170,000 | 91 ORWELL ROAD |
| 24 Jun 2022 | £205,403 | £202,500 | 50 PEARCE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 3 Jul 2020. Using an estimated price of £197,391 means this house is valued at £3,133 per sq meter (£291 per sq foot).
The average size of a house on ORWELL ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orwell Road |
| Jan 2024 | Other crime | Under investigation | On or near Orwell Road |
| Jan 2024 | Anti-social behaviour | On or near Orwell Road | |
| Jan 2024 | Anti-social behaviour | On or near Orwell Road | |
| Jan 2024 | Anti-social behaviour | On or near Orwell Road |