£175,535
This estimated value is based upon the latest sale price for the house of £121,950 on 28 Jul 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £121,950 | 28 Jul 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 July 2015 the House Price Index for SUFFOLK was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £121,950 results in an estimated price of approximately £175,535.
| 28 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £121,950 | £53,585 | £175,535 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 10.293 % | £12,552 | £134,502 |
| 3 Month Average | 36.848 % | £44,935 | £166,885 |
| 6 Month Average | 43.046 % | £52,494 | £174,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £158,344 | £156,000 | 8 KINGSMEAD CLOSE |
| 14 Jul 2023 | £273,683 | £270,000 | 23 CHILTON AVENUE |
| 29 Sep 2022 | £1,239,987 | £1,250,000 | TRUCK EAST HOUSE VIOLET HILL ROAD |
| 29 Jul 2022 | £310,837 | £310,000 | 37 RECREATION ROAD |
| 17 Jun 2022 | £202,867 | £200,000 | 4 ENGLISH CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Mar 2015. Using an estimated price of £175,536 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on CURWEN ROAD is 90 sq meters (975 sq feet).