£450,866
This estimated value is based upon the latest sale price for the house of £80,000 on 16 Feb 1996. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £80,000 | 16 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 February 1996 the House Price Index for SUFFOLK was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £80,000 results in an estimated price of approximately £450,866.
| 16 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £80,000 | £370,866 | £450,866 |
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 | 538.407 % | £430,725 | £510,725 |
| 3 Month Average | 462.025 % | £369,620 | £449,620 |
| 6 Month Average | 439.707 % | £351,765 | £431,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £330,899 | £326,000 | 6 WAREHAM AVENUE |
| 8 Sep 2023 | £430,504 | £425,000 | 2 MELPLASH CLOSE |
| 11 Aug 2023 | £322,824 | £320,000 | 24 BODIAM ROAD |
| 15 Jun 2023 | £313,801 | £310,000 | 7 BODIAM ROAD |
| 28 Apr 2023 | £382,114 | £378,000 | 18 WAREHAM AVENUE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 3 Aug 2020. Using an estimated price of £450,867 means this house is valued at £2,749 per sq meter (£255 per sq foot).
The average size of a house on MELPLASH CLOSE is 126 sq meters (1,361 sq feet).
This house is the largest in the street with a floor area of 164 sq meters (1,765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Public order | Under investigation | On or near Heathlands Park |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Heathlands Park |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Heathlands Park |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ashdown Way |