£88,306
This estimated value is based upon the latest sale price for the house of £50,000 on 31 Mar 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Wellington Close
More crime details
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Price Paid | Date |
---|---|
£50,000 | 31 Mar 2006 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 542 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 March 2006 the House Price Index for SUFFOLK was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £50,000 results in an estimated price of approximately £88,306.
31 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 148.6 | 76.613 % | £50,000 | £38,306 | £88,306 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 123.806 % | £61,902 | £111,902 |
3 Month Average | 98.846 % | £49,422 | £99,422 |
6 Month Average | 97.531 % | £48,765 | £98,765 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jan 2023 | £303,570 | £305,000 | 23 MOUNTS PIT LANE |
10 Jan 2022 | £165,228 | £157,000 | 29 THETFORD ROAD |
7 Jan 2022 | £694,589 | £660,000 | 1A GAS HOUSE DROVE |
8 Oct 2021 | £279,939 | £253,000 | 53 THETFORD ROAD |
24 Sep 2021 | £743,539 | £690,000 | 1 WISHING WELL CLOSE |
This house has a floor area of 50 sq meters or 542 sq feet when measured on 5 Oct 2009. Using an estimated price of £88,306 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on THETFORD ROAD is 98 sq meters (1,061 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellington Close |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Knappers Way |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Knappers Way |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wishing Well Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |