£1,196,435
This estimated value is based upon the latest sale price for the house of £750,000 on 26 Feb 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £750,000 | 26 Feb 2014 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 2014 the House Price Index for SUFFOLK was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £750,000 results in an estimated price of approximately £1,196,435.
| 26 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £750,000 | £446,435 | £1,196,435 |
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 | 52.877 % | £396,580 | £1,146,580 |
| 3 Month Average | 54.428 % | £408,210 | £1,158,210 |
| 6 Month Average | 48.658 % | £364,935 | £1,114,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £381,888 | £375,000 | 24 MEADOW CRESCENT |
| 31 Aug 2023 | £1,069,286 | £1,050,000 | 2 PURDIS PLACE |
| 2 Jun 2023 | £382,669 | £375,000 | 61 MEADOW CRESCENT |
| 10 Feb 2023 | £412,757 | £410,000 | 67 MEADOW CRESCENT |
| 25 Nov 2022 | £368,278 | £370,000 | 69 MEADOW CRESCENT |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 2 Dec 2013. Using an estimated price of £1,196,435 means this house is valued at £6,104 per sq meter (£567 per sq foot).
The average size of a house on BUCKLESHAM ROAD is 179 sq meters (1,928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Purdis Farm Lane |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Purdis Farm Lane |
| Jun 2024 | Drugs | Local resolution | On or near Purdis Farm Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ash Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Ash Close |