£154,791
This estimated value is based upon the latest sale price for the house of £116,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£116,000 | 28 Oct 2016 |
£113,520 | 31 May 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 588 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 October 2016 the House Price Index for SUFFOLK was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £116,000 results in an estimated price of approximately £154,791.
28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £116,000 | £38,791 | £154,791 |
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 | 22.676 % | £26,304 | £142,304 |
3 Month Average | 19.663 % | £22,808 | £138,808 |
6 Month Average | 17.571 % | £20,382 | £136,382 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £154,755 | £150,000 | 9 DOWNHAM BOULEVARD |
15 Nov 2023 | £384,767 | £375,000 | 13 ELDERBERRY ROAD |
24 Aug 2023 | £154,283 | £151,500 | 1 FEN BIGHT CIRCLE |
24 Feb 2023 | £835,582 | £830,000 | 21 DUNWICH CLOSE |
10 Jun 2022 | £127,730 | £125,000 | 178 ALNESBOURN CRESCENT |
This house has a floor area of 54 sq meters or 588 sq feet when measured on 15 Jun 2011. Using an estimated price of £154,792 means this house is valued at £2,831 per sq meter (£263 per sq foot).
The average size of a house on FEN BIGHT CIRCLE is 60 sq meters (651 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fen Bight Circle |
Jun 2024 | Anti-social behaviour | On or near Fen Bight Circle | |
Jun 2024 | Anti-social behaviour | On or near Fen Bight Circle | |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Fen Bight Circle |
May 2024 | Anti-social behaviour | On or near Fen Bight Circle |