£276,097
This estimated value is based upon the latest sale price for the house of £84,500 on 26 Oct 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Oakes Close
More crime details
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| Price Paid | Date |
|---|---|
| £84,500 | 26 Oct 2001 |
| £17,000 | 26 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,020 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 2001 the House Price Index for SUFFOLK was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £84,500 results in an estimated price of approximately £276,097.
| 26 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £84,500 | £191,597 | £276,097 |
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 | 318.335 % | £268,993 | £353,493 |
| 3 Month Average | 200.705 % | £169,595 | £254,095 |
| 6 Month Average | 149.768 % | £126,554 | £211,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £230,000 | £230,000 | 8 GOLDSMITH CLOSE |
| 13 Mar 2024 | £163,004 | £160,500 | 19 THOMPSON WALK |
| 11 Aug 2023 | £252,555 | £248,000 | 23 GOLDSMITH CLOSE |
| 19 Jun 2023 | £252,561 | £247,500 | 21 GOLDSMITH CLOSE |
| 1 Jun 2023 | £239,806 | £235,000 | 18 PRIGG WALK |
This house has a floor area of 94 sq meters or 1,020 sq feet when measured on 7 Jul 2009. Using an estimated price of £276,097 means this house is valued at £2,912 per sq meter (£270 per sq foot).
There is one other house on the street which we know the size of, this is 14 CREED WALK it is 87.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Oakes Close | |
| Jun 2024 | Anti-social behaviour | On or near Oakes Close | |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakes Close |
| May 2024 | Public order | Unable to prosecute suspect | On or near Goldsmith Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goldsmith Close |