£280,799
This estimated value is based upon the latest sale price for the house of £230,000 on 17 Apr 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 17 Apr 2019 |
| £50,000 | 24 Nov 1995 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £230,000 results in an estimated price of approximately £280,799.
| 17 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.087 % | £230,000 | £50,799 | £280,799 |
The Postcode Pricing Model uses changes in average sales price within the IP16 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 | -1.959 % | £-4,504 | £225,495 |
| 3 Month Average | 27.328 % | £62,853 | £292,853 |
| 6 Month Average | 27.913 % | £64,200 | £294,200 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Aug 2015.
The average size of a house on KING GEORGES AVENUE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Formal action is not in the public interest | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sports/Recreation Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Paxton Chadwick Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paxton Chadwick Close |