£304,951
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Jun 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £210,000 | 30 Jun 2015 |
| £168,000 | 6 Jul 2011 |
| £130,000 | 6 Mar 2009 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,349 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 2015 the House Price Index for SUFFOLK was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £210,000 results in an estimated price of approximately £304,951.
| 30 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £210,000 | £94,951 | £304,951 |
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 | -7.545 % | £-15,845 | £194,154 |
| 3 Month Average | 24.004 % | £50,409 | £260,409 |
| 6 Month Average | 38.506 % | £80,862 | £290,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £228,070 | £225,000 | 254A HETHERSETT CLOSE |
| 1 Mar 2023 | £222,092 | £220,000 | 276 HETHERSETT CLOSE |
| 16 Feb 2023 | £219,852 | £220,000 | 314 HETHERSETT CLOSE |
| 1 Jul 2022 | £270,729 | £270,000 | 298 HETHERSETT CLOSE |
| 4 Apr 2022 | £226,556 | £220,000 | 265 HETHERSETT CLOSE |
This house has a floor area of 125 sq meters or 1,349 sq feet when measured on 8 Sep 2009. Using an estimated price of £304,951 means this house is valued at £2,432 per sq meter (£225 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 |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brickfields Avenue |
| 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 |
| Mar 2024 | Anti-social behaviour | On or near Highclere Close |