£218,987
This estimated value is based upon the latest sale price for the house of £119,000 on 2 Sep 2005. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £119,000 | 2 Sep 2005 |
| £74,500 | 31 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 September 2005 the House Price Index for SUFFOLK was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £119,000 results in an estimated price of approximately £218,987.
| 2 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £119,000 | £99,987 | £218,987 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 54.970 % | £65,413 | £184,413 |
| 3 Month Average | 40.824 % | £48,580 | £167,580 |
| 6 Month Average | 59.888 % | £71,267 | £190,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £264,057 | £260,000 | 55 FEN WAY |
| 18 Dec 2023 | £376,571 | £365,000 | 14 FEN WAY |
| 7 Dec 2023 | £428,156 | £415,000 | 20 MYRTLE CLOSE |
| 30 Jun 2023 | £352,055 | £345,000 | 50 FEN WAY |
| 31 Mar 2023 | £259,331 | £255,000 | 33 FEN WAY |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 2 Nov 2012. Using an estimated price of £218,987 means this house is valued at £4,562 per sq meter (£423 per sq foot).
The average size of a house on WILLOW WAY is 68 sq meters (740 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Willow Way |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Willow Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willow Way |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Willow Way |
| Jun 2024 | Anti-social behaviour | On or near Myrtle Close |