£370,531
This estimated value is based upon the latest sale price for the house of £285,000 on 9 Feb 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Parking Area
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Price Paid | Date |
---|---|
£285,000 | 9 Feb 2017 |
£250,000 | 20 May 2015 |
£221,000 | 8 Jul 2013 |
£300,000 | 12 Nov 2004 |
£100,000 | 29 May 1998 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 February 2017 the House Price Index for SUFFOLK was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £285,000 results in an estimated price of approximately £370,531.
9 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £285,000 | £85,531 | £370,531 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 65.771 % | £187,446 | £472,446 |
3 Month Average | 56.748 % | £161,733 | £446,733 |
6 Month Average | 52.507 % | £149,644 | £434,644 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £213,156 | £210,000 | 46 WARREN CLOSE |
6 Feb 2023 | £186,874 | £187,000 | 67 WARREN CLOSE |
14 Jul 2022 | £190,513 | £190,000 | 16 WARREN CLOSE |
17 Jun 2022 | £253,584 | £250,000 | 17 THETFORD ROAD |
16 Jun 2022 | £192,724 | £190,000 | 8 WARREN CLOSE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 10 Nov 2016. Using an estimated price of £370,531 means this house is valued at £2,704 per sq meter (£251 per sq foot).
The average size of a house on BURY ROAD is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellington Close |
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Beavor Lane |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beavor Lane |
Feb 2024 | Burglary | Under investigation | On or near Parking Area |