£350,778
This estimated value is based upon the latest sale price for the house of £340,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£340,000 | 1 Dec 2023 |
£223,000 | 30 Sep 2011 |
£216,000 | 29 Mar 2007 |
£191,950 | 30 Jun 2006 |
Detached |
Freehold |
Floor Area: 85 sq meters or 918 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 December 2023 the House Price Index for SUFFOLK was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £340,000 results in an estimated price of approximately £350,778.
1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £340,000 | £10,778 | £350,778 |
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 | 75.258 % | £255,875 | £595,875 |
3 Month Average | 6.780 % | £23,051 | £363,051 |
6 Month Average | -13.812 % | £-46,961 | £293,038 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £350,779 | £340,000 | 37 FRENESI CRESCENT |
1 Mar 2023 | £386,454 | £380,000 | 6 SELWAY DRIVE |
27 May 2022 | £313,158 | £305,000 | 43 SELWAY DRIVE |
27 May 2022 | £277,222 | £270,000 | 1 BLAKE WALK |
31 Mar 2022 | £417,573 | £400,000 | 3 SELWAY DRIVE |
This house has a floor area of 85 sq meters or 918 sq feet when measured on 6 Jul 2011. Using an estimated price of £350,779 means this house is valued at £4,110 per sq meter (£381 per sq foot).
The average size of a house on FRENESI CRESCENT is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frenesi Crescent |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frenesi Crescent |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frenesi Crescent |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frenesi Crescent |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frenesi Crescent |