£246,118
This estimated value is based upon the latest sale price for the house of £138,500 on 7 Feb 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £138,500 | 7 Feb 2006 |
| £51,000 | 20 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2006 the House Price Index for SUFFOLK was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £138,500 results in an estimated price of approximately £246,118.
| 7 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £138,500 | £107,618 | £246,118 |
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 | 119.033 % | £164,860 | £303,360 |
| 3 Month Average | 84.399 % | £116,893 | £255,393 |
| 6 Month Average | 66.463 % | £92,051 | £230,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £233,456 | £230,000 | 7 PROVAN COURT |
| 1 Sep 2023 | £324,145 | £320,000 | 294 FELIXSTOWE ROAD |
| 8 Jun 2022 | £294,157 | £290,000 | 135 CAMDEN ROAD |
| 17 Dec 2021 | £267,844 | £250,000 | 258 FELIXSTOWE ROAD |
| 13 Aug 2021 | £267,748 | £240,000 | 18 CAMWOOD GARDENS |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 5 Mar 2019. Using an estimated price of £246,119 means this house is valued at £3,196 per sq meter (£296 per sq foot).
The average size of a house on MALVERN CLOSE is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Malvern Close |
| Apr 2024 | Drugs | Under investigation | On or near Exeter Road |
| Apr 2024 | Drugs | Local resolution | On or near Exeter Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Exeter Road |
| Apr 2024 | Anti-social behaviour | On or near Provan Court |