£285,956
This estimated value is based upon the latest sale price for the house of £176,000 on 4 Nov 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £176,000 | 4 Nov 2013 |
| £40,250 | 16 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 November 2013 the House Price Index for SUFFOLK was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £176,000 results in an estimated price of approximately £285,956.
| 4 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £176,000 | £109,956 | £285,956 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 19.392 % | £34,129 | £210,129 |
| 3 Month Average | 36.113 % | £63,558 | £239,558 |
| 6 Month Average | 38.713 % | £68,134 | £244,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £366,411 | £360,000 | 38 PARK ROAD |
| 18 Aug 2023 | £374,779 | £371,500 | 7A PARK ROAD |
| 21 Jun 2023 | £376,055 | £371,500 | 61 PARK ROAD |
| 28 Apr 2023 | £394,245 | £390,000 | 16 ALBEMARLE ROAD |
| 14 Mar 2023 | £206,950 | £205,000 | 28 ALBEMARLE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 3 Jul 2013. Using an estimated price of £285,956 means this house is valued at £5,016 per sq meter (£466 per sq foot).
The average size of a house on CHELSEA CLOSE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Grafton Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minden Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rosbrook Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rosbrook Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ashwell Road |