£229,517
This estimated value is based upon the latest sale price for the house of £143,000 on 23 Dec 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £143,000 | 23 Dec 2013 |
| £133,000 | 9 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2013 the House Price Index for SUFFOLK was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £143,000 results in an estimated price of approximately £229,517.
| 23 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £143,000 | £86,517 | £229,517 |
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 | 101.294 % | £144,850 | £287,850 |
| 3 Month Average | 71.596 % | £102,381 | £245,381 |
| 6 Month Average | 53.661 % | £76,735 | £219,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £233,456 | £230,000 | 7 PROVAN COURT |
| 1 Sep 2023 | £324,145 | £320,000 | 294 FELIXSTOWE ROAD |
| 8 Jun 2022 | £294,157 | £290,000 | 135 CAMDEN ROAD |
| 17 Dec 2021 | £267,844 | £250,000 | 258 FELIXSTOWE ROAD |
| 13 Aug 2021 | £267,748 | £240,000 | 18 CAMWOOD GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 May 2013. Using an estimated price of £229,518 means this house is valued at £2,732 per sq meter (£253 per sq foot).
The average size of a house on MALVERN CLOSE is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Malvern Close |
| Apr 2024 | Drugs | Under investigation | On or near Exeter Road |
| Apr 2024 | Drugs | Local resolution | On or near Exeter Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Exeter Road |
| Apr 2024 | Anti-social behaviour | On or near Provan Court |