£493,934
This estimated value is based upon the latest sale price for the house of £455,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£455,000 | 29 Sep 2021 |
£395,000 | 18 Jan 2018 |
£285,000 | 22 Nov 2013 |
£250,000 | 19 Feb 2010 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 September 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £455,000 results in an estimated price of approximately £493,934.
29 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £455,000 | £38,934 | £493,934 |
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 | 56.599 % | £257,527 | £712,527 |
3 Month Average | 12.509 % | £56,914 | £511,914 |
6 Month Average | -15.079 % | £-68,609 | £386,390 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £274,213 | £270,000 | 99 SYCAMORE DRIVE |
19 Dec 2023 | £123,804 | £120,000 | 3 SYCAMORE DRIVE |
25 Oct 2023 | £301,856 | £295,000 | 31 TURNSTONE DRIVE |
6 Sep 2023 | £173,832 | £170,000 | 8 LIME WALK |
3 Aug 2023 | £135,443 | £133,000 | 103 SYCAMORE DRIVE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 29 Jun 2021. Using an estimated price of £493,934 means this house is valued at £3,858 per sq meter (£358 per sq foot).
The average size of a house on SYCAMORE DRIVE is 95 sq meters (1,027 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Drive |
Jun 2024 | Anti-social behaviour | On or near Hazel Road | |
Jun 2024 | Anti-social behaviour | On or near Hazel Road | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingbird Road |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Kingbird Road |