£293,876
This estimated value is based upon the latest sale price for the house of £247,500 on 22 Sep 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £247,500 | 22 Sep 2020 |
| £158,000 | 15 Dec 2006 |
| £94,995 | 29 Jun 2001 |
| Detached |
| Freehold |
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 September 2020 the House Price Index for SUFFOLK was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £247,500 results in an estimated price of approximately £293,876.
| 22 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £247,500 | £46,376 | £293,876 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | -13.151 % | £-32,549 | £214,950 |
| 3 Month Average | 12.321 % | £30,493 | £277,993 |
| 6 Month Average | 15.732 % | £38,937 | £286,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £426,312 | £420,000 | 4 MEADOWSWEET CLOSE |
| 3 Nov 2023 | £324,809 | £320,000 | 6 MEADOWSWEET CLOSE |
| 2 Nov 2023 | £406,011 | £400,000 | 22 THE PARKLANDS |
| 15 Aug 2023 | £406,052 | £402,500 | 16 FARM CLOSE |
| 29 Apr 2022 | £149,321 | £145,000 | 35 LUCERNE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Grove Road North | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Grove Road North |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodpecker Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arundel Way |