£190,552
This estimated value is based upon the latest sale price for the house of £150,000 on 22 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£150,000 | 22 May 2017 |
£140,000 | 11 May 2007 |
£59,950 | 28 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 May 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £150,000 results in an estimated price of approximately £190,552.
22 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 146.7 | 27.035 % | £150,000 | £40,552 | £190,552 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 53.637 % | £80,455 | £230,455 |
3 Month Average | 40.369 % | £60,553 | £210,553 |
6 Month Average | 33.227 % | £49,840 | £199,840 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Oct 2016.
The average size of a house on RANELAGH ROAD is 109 sq meters (1,182 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hamilton Gardens |
Jan 2024 | Drugs | Local resolution | On or near Hamilton Gardens |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hamilton Gardens |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Shoplifting | Awaiting court outcome | On or near Victoria Street |