£301,618
This estimated value is based upon the latest sale price for the house of £239,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £239,000 | 20 Oct 2017 |
| £165,000 | 17 Dec 2010 |
| £184,000 | 30 Nov 2007 |
| £164,200 | 30 Mar 2005 |
| £116,000 | 20 Dec 2001 |
| £96,000 | 22 Sep 2000 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,207 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 2017 the House Price Index for SUFFOLK was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £239,000 results in an estimated price of approximately £301,618.
| 20 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £239,000 | £62,618 | £301,618 |
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 | 46.632 % | £111,450 | £350,450 |
| 3 Month Average | 28.762 % | £68,740 | £307,740 |
| 6 Month Average | 22.704 % | £54,262 | £293,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £404,354 | £400,000 | 278 RAVENSWOOD AVENUE |
| 10 Mar 2023 | £383,614 | £380,000 | 264 RAVENSWOOD AVENUE |
| 21 Feb 2023 | £171,884 | £172,000 | 288 RAVENSWOOD AVENUE |
| 20 Jan 2023 | £378,218 | £380,000 | 268 RAVENSWOOD AVENUE |
| 24 Nov 2022 | £172,906 | £175,000 | 310 RAVENSWOOD AVENUE |
This house has a floor area of 112 sq meters or 1,207 sq feet when measured on 20 Dec 2008. Using an estimated price of £301,618 means this house is valued at £2,688 per sq meter (£249 per sq foot).
The average size of a house on MARTINET GREEN is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Martinet Green | |
| Mar 2024 | Anti-social behaviour | On or near Martinet Green | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hunter Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hunter Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Lysander Drive |