£291,617
This estimated value is based upon the latest sale price for the house of £62,500 on 6 Aug 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£62,500 | 6 Aug 1998 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 714 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 August 1998 the House Price Index for SUFFOLK was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £62,500 results in an estimated price of approximately £291,617.
6 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 366.588 % | £62,500 | £229,117 | £291,617 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 254.244 % | £158,902 | £221,402 |
3 Month Average | 212.426 % | £132,766 | £195,266 |
6 Month Average | 295.948 % | £184,967 | £247,467 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £312,736 | £310,000 | 14 CARDINAL CLOSE |
7 Mar 2023 | £220,578 | £218,500 | 43 CARDINAL CLOSE |
24 May 2022 | £407,682 | £400,000 | 65 APPLEDOWN DRIVE |
28 Feb 2022 | £419,478 | £400,000 | 12 CARDINAL CLOSE |
2 Dec 2021 | £420,516 | £392,500 | 4 CARDINAL CLOSE |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 3 Aug 2009. Using an estimated price of £291,618 means this house is valued at £4,390 per sq meter (£407 per sq foot).
The average size of a house on CARDINAL CLOSE is 84 sq meters (906 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Cardinal Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mount Road |
Apr 2024 | Other crime | Under investigation | On or near Worcester Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Worcester Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worcester Close |