£265,715
This estimated value is based upon the latest sale price for the house of £265,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £265,000 | 11 Jul 2022 |
| £175,000 | 15 Oct 2015 |
| £143,000 | 4 Jul 2007 |
| £81,000 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2022 the House Price Index for SUFFOLK was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £265,000 results in an estimated price of approximately £265,715.
| 11 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £265,000 | £715 | £265,715 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 47.726 % | £126,474 | £391,474 |
| 3 Month Average | 19.128 % | £50,688 | £315,688 |
| 6 Month Average | 5.965 % | £15,806 | £280,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £253,411 | £250,000 | 50 MARYON ROAD |
| 18 Apr 2023 | £404,354 | £400,000 | 278 RAVENSWOOD AVENUE |
| 24 Feb 2023 | £279,812 | £280,000 | 7 SPITFIRE CLOSE |
| 27 Jan 2023 | £236,386 | £237,500 | 14 MARYON ROAD |
| 11 Nov 2022 | £232,188 | £235,000 | 24 MARYON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Nov 2015. Using an estimated price of £265,715 means this house is valued at £3,965 per sq meter (£368 per sq foot).
The average size of a house on SPITFIRE CLOSE is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Martinet Green | |
| Mar 2024 | Anti-social behaviour | On or near Martinet Green | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maybury Road |
| Jan 2024 | Vehicle crime | Suspect charged as part of another case | On or near Maybury Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nacton Road |