£282,188
This estimated value is based upon the latest sale price for the house of £50,250 on 13 Sep 1995. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £50,250 | 13 Sep 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 44 sq meters or 473 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 September 1995 the House Price Index for SUFFOLK was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 461.569%.Applying this 461.569% change to the original purchase price of £50,250 results in an estimated price of approximately £282,188.
| 13 Sep 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 146.7 | 461.569 % | £50,250 | £231,938 | £282,188 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 337.443 % | £169,565 | £219,815 |
| 3 Month Average | 339.683 % | £170,690 | £220,940 |
| 6 Month Average | 430.129 % | £216,139 | £266,389 |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 1 Jul 2019.
The average size of a house on RISBYGATE STREET is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Feb 2024 | Bicycle theft | Awaiting court outcome | On or near Shopping Area |
| Dec 2023 | Drugs | Local resolution | On or near Shopping Area |
| Mar 2024 | Anti-social behaviour | On or near Nelson Road | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Road |