£237,667
This estimated value is based upon the latest sale price for the house of £205,000 on 4 Nov 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£205,000 | 4 Nov 2020 |
£155,000 | 16 Jul 2015 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 November 2020 the House Price Index for SUFFOLK was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £205,000 results in an estimated price of approximately £237,667.
4 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £205,000 | £32,667 | £237,667 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | -28.289 % | £-57,991 | £147,008 |
3 Month Average | -8.819 % | £-18,079 | £186,920 |
6 Month Average | 0.028 % | £56 | £205,056 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £228,070 | £225,000 | 254A HETHERSETT CLOSE |
16 Feb 2023 | £219,852 | £220,000 | 314 HETHERSETT CLOSE |
1 Jul 2022 | £270,729 | £270,000 | 298 HETHERSETT CLOSE |
17 Sep 2021 | £237,070 | £220,000 | 2 WATERLOO CLOSE |
16 Dec 2020 | £263,974 | £230,000 | 11 MILL REEF CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 6 Feb 2020. Using an estimated price of £237,667 means this house is valued at £2,796 per sq meter (£259 per sq foot).
The average size of a house on MILL REEF CLOSE is 133 sq meters (1,438 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brickfields Avenue |
Mar 2024 | Anti-social behaviour | On or near Highclere Close | |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Highclere Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkers Walk |
Jan 2024 | Anti-social behaviour | On or near Victoria Way |