£622,248
This estimated value is based upon the latest sale price for the house of £175,000 on 2 Feb 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£175,000 | 2 Feb 2001 |
£112,950 | 29 Sep 1998 |
Detached |
Freehold |
Floor Area: 110 sq meters or 1,188 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 February 2001 the House Price Index for SUFFOLK was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £175,000 results in an estimated price of approximately £622,248.
2 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 149.7 | 255.570 % | £175,000 | £447,248 | £622,248 |
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 | 401.230 % | £702,153 | £877,153 |
3 Month Average | 266.140 % | £465,745 | £640,745 |
6 Month Average | 191.151 % | £334,513 | £509,513 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2023 | £261,235 | £256,000 | 18 SNOWDROP CLOSE |
14 Apr 2023 | £248,651 | £244,000 | 8 SNOWDROP CLOSE |
17 Mar 2023 | £371,199 | £365,000 | 5 SNOWDROP CLOSE |
11 Oct 2021 | £342,203 | £307,000 | 22 CRANESBILL DRIVE |
17 Sep 2021 | £363,666 | £335,000 | 48 CRANESBILL DRIVE |
This house has a floor area of 110 sq meters or 1,188 sq feet when measured on 15 Jul 2011. Using an estimated price of £622,248 means this house is valued at £5,636 per sq meter (£523 per sq foot).
The average size of a house on CRANESBILL DRIVE is 116 sq meters (1,250 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Cranesbill Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Violet Close |
May 2024 | Anti-social behaviour | On or near Bluebell Avenue | |
May 2024 | Anti-social behaviour | On or near Bluebell Avenue | |
May 2024 | Anti-social behaviour | On or near Bluebell Avenue |