£345,553
This estimated value is based upon the latest sale price for the house of £240,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£240,000 | 28 Aug 2015 |
£200,000 | 21 Apr 2006 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 August 2015 the House Price Index for SUFFOLK was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £240,000 results in an estimated price of approximately £345,553.
28 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £240,000 | £105,553 | £345,553 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 23.089 % | £55,414 | £295,414 |
3 Month Average | 47.431 % | £113,833 | £353,833 |
6 Month Average | 39.187 % | £94,047 | £334,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £361,096 | £350,000 | 15 HIGHVIEW CLOSE |
18 Aug 2023 | £325,878 | £320,000 | 191 PARKWOOD DRIVE |
2 Jun 2023 | £341,851 | £335,000 | 207 PARKWOOD DRIVE |
18 Jan 2023 | £150,402 | £150,000 | 20 BISHOPS CLOSE |
4 Jan 2023 | £270,723 | £270,000 | 4 BISHOPS CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 May 2015. Using an estimated price of £345,554 means this house is valued at £3,715 per sq meter (£345 per sq foot).
The average size of a house on HIGHVIEW CLOSE is 123 sq meters (1,329 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bishops Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bishops Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishops Close |
May 2024 | Anti-social behaviour | On or near Bishops Close | |
May 2024 | Anti-social behaviour | On or near Bishops Close |