£674,490
This estimated value is based upon the latest sale price for the house of £465,000 on 21 Apr 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £465,000 | 21 Apr 2015 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 April 2015 the House Price Index for SUFFOLK was 101.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.052%.Applying this 45.052% change to the original purchase price of £465,000 results in an estimated price of approximately £674,490.
| 21 Apr 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 146.7 | 45.052 % | £465,000 | £209,490 | £674,490 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 74.514 % | £346,488 | £811,488 |
| 3 Month Average | 37.574 % | £174,717 | £639,717 |
| 6 Month Average | 31.741 % | £147,595 | £612,595 |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 8 Jul 2014.
The average size of a house on PIER AVENUE is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park/Open Space |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Park/Open Space |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park/Open Space |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Parade |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Parade |