£237,857
This estimated value is based upon the latest sale price for the house of £150,000 on 7 Mar 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£150,000 | 7 Mar 2014 |
£74,500 | 21 Sep 2000 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 March 2014 the House Price Index for SUFFOLK was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £150,000 results in an estimated price of approximately £237,857.
7 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £150,000 | £87,857 | £237,857 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 98.312 % | £147,468 | £297,468 |
3 Month Average | 49.456 % | £74,183 | £224,183 |
6 Month Average | 20.942 % | £31,412 | £181,412 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £175,517 | £172,000 | 29 WARWICK DRIVE |
6 Mar 2023 | £315,316 | £310,050 | 9 CUMBERLAND AVENUE |
23 Feb 2023 | £241,614 | £240,000 | 141 NORTHUMBERLAND AVENUE |
4 Jul 2022 | £142,427 | £141,000 | 15 DURHAM CLOSE |
8 Apr 2022 | £184,142 | £177,500 | 148 NORTHUMBERLAND AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 13 Jan 2014. Using an estimated price of £237,857 means this house is valued at £4,324 per sq meter (£401 per sq foot).
The average size of a house on DURHAM CLOSE is 53 sq meters (579 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Durham Close |
Jul 2024 | Vehicle crime | Under investigation | On or near Warwick Drive |
Jul 2024 | Other crime | Under investigation | On or near Trigg Way |