£425,479
This estimated value is based upon the latest sale price for the house of £335,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £335,000 | 31 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2017 the House Price Index for SUFFOLK was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £335,000 results in an estimated price of approximately £425,479.
| 31 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £335,000 | £90,479 | £425,479 |
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 | 53.228 % | £178,312 | £513,312 |
| 3 Month Average | 34.612 % | £115,950 | £450,950 |
| 6 Month Average | 23.261 % | £77,924 | £412,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £395,861 | £390,000 | 31 BROKE HALL GARDENS |
| 11 Aug 2023 | £322,824 | £320,000 | 24 BODIAM ROAD |
| 14 Jul 2023 | £263,040 | £259,500 | 11 BROKE HALL GARDENS |
| 15 Jun 2023 | £313,801 | £310,000 | 7 BODIAM ROAD |
| 4 Aug 2022 | £304,181 | £305,000 | 4 RYE CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 30 Mar 2016. Using an estimated price of £425,480 means this house is valued at £5,318 per sq meter (£494 per sq foot).
The average size of a house on RYE CLOSE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxley Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Public order | Under investigation | On or near Bixley Road |
| Feb 2024 | Theft from the person | Action to be taken by another organisation | On or near Bixley Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Bixley Road |