£410,125
This estimated value is based upon the latest sale price for the house of £308,000 on 8 Jul 2016. 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 Layhill Close
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Price Paid | Date |
---|---|
£308,000 | 8 Jul 2016 |
£230,000 | 23 Oct 2013 |
£126,000 | 6 Jul 2001 |
£65,000 | 27 Feb 1996 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 July 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £308,000 results in an estimated price of approximately £410,125.
8 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £308,000 | £102,125 | £410,125 |
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 | -8.814 % | £-27,147 | £280,852 |
3 Month Average | -8.874 % | £-27,332 | £280,667 |
6 Month Average | 19.645 % | £60,506 | £368,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £454,280 | £450,000 | 218 RAEDWALD DRIVE |
13 May 2022 | £387,298 | £380,000 | 15 RAEDWALD DRIVE |
19 Apr 2022 | £256,420 | £249,000 | 3 BERNHAM CLOSE |
18 Feb 2022 | £367,043 | £350,000 | 207 RAEDWALD DRIVE |
17 Feb 2022 | £243,297 | £232,000 | 15 BERNHAM CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 10 Jun 2014. Using an estimated price of £410,125 means this house is valued at £4,228 per sq meter (£392 per sq foot).
The average size of a house on RAEDWALD DRIVE is 80 sq meters (862 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Layhill Close |
Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Mylford Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raedwald Drive |
Jan 2024 | Anti-social behaviour | On or near Oswyn Close | |
Jan 2024 | Anti-social behaviour | On or near Oswyn Close |