£251,028
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Aug 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £160,000 | 7 Aug 2007 |
| £58,995 | 18 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 685 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 2007 the House Price Index for SUFFOLK was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £160,000 results in an estimated price of approximately £251,028.
| 7 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £160,000 | £91,028 | £251,028 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -15.948 % | £-25,517 | £134,482 |
| 3 Month Average | 37.460 % | £59,936 | £219,936 |
| 6 Month Average | 49.757 % | £79,611 | £239,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2023 | £312,999 | £310,050 | 9 CUMBERLAND AVENUE |
| 23 Feb 2023 | £239,839 | £240,000 | 141 NORTHUMBERLAND AVENUE |
| 30 Jan 2023 | £204,039 | £205,000 | 40 SEVERN ROAD |
| 4 Jul 2022 | £141,381 | £141,000 | 15 DURHAM CLOSE |
| 24 Jun 2022 | £274,885 | £271,000 | 2 JOCELYN CLOSE |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 21 Feb 2011. Using an estimated price of £251,029 means this house is valued at £3,939 per sq meter (£365 per sq foot).
The average size of a house on CUMBERLAND AVENUE is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cumberland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Avenue |
| Mar 2024 | Anti-social behaviour | On or near Cumberland Avenue | |
| Feb 2024 | Drugs | Under investigation | On or near Cumberland Avenue |