£207,371
This estimated value is based upon the latest sale price for the house of £124,500 on 11 Jun 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £124,500 | 11 Jun 2013 |
| £40,000 | 31 Mar 1998 |
| £14,000 | 13 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 June 2013 the House Price Index for SUFFOLK was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £124,500 results in an estimated price of approximately £207,371.
| 11 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £124,500 | £82,871 | £207,371 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 12.940 % | £16,110 | £140,610 |
| 3 Month Average | 48.296 % | £60,128 | £184,628 |
| 6 Month Average | 60.555 % | £75,391 | £199,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £247,162 | £245,000 | 320 HETHERSETT CLOSE |
| 1 Jul 2022 | £270,729 | £270,000 | 298 HETHERSETT CLOSE |
| 11 Feb 2022 | £293,634 | £280,000 | 34 HIGHCLERE CLOSE |
| 17 Sep 2021 | £237,070 | £220,000 | 2 WATERLOO CLOSE |
| 16 Dec 2020 | £263,974 | £230,000 | 11 MILL REEF CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 30 Oct 2019. Using an estimated price of £207,371 means this house is valued at £2,439 per sq meter (£226 per sq foot).
The average size of a house on MILL REEF CLOSE is 133 sq meters (1,438 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Golden Miller Close | |
| Apr 2024 | Other theft | Under investigation | On or near Golden Miller Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Golden Miller Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brickfields Avenue |
| Mar 2024 | Anti-social behaviour | On or near Highclere Close |