£331,557
This estimated value is based upon the latest sale price for the house of £256,500 on 11 Apr 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £256,500 | 11 Apr 2017 |
| £69,000 | 29 May 1996 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2017 the House Price Index for SUFFOLK was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £256,500 results in an estimated price of approximately £331,557.
| 11 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £256,500 | £75,057 | £331,557 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 1.879 % | £4,819 | £261,319 |
| 3 Month Average | 30.630 % | £78,567 | £335,067 |
| 6 Month Average | 26.996 % | £69,244 | £325,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £344,768 | £345,000 | 20 COLNEYS CLOSE |
| 23 May 2022 | £366,914 | £360,000 | 27 PRIORY ROAD |
| 7 Mar 2022 | £663,208 | £640,000 | 136 MELFORD ROAD |
| 8 Feb 2022 | £409,515 | £390,500 | 8 ABBEY ROAD |
| 10 Nov 2021 | £351,492 | £325,000 | 22 ST BARTHOLOMEWS LANE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 27 Jan 2014. Using an estimated price of £331,558 means this house is valued at £4,736 per sq meter (£440 per sq foot).
The average size of a house on COLNEYS CLOSE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Priory Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Bartholomews Lane |
| Mar 2024 | Public order | Under investigation | On or near Tudor Close |
| Jan 2024 | Anti-social behaviour | On or near Tudor Close | |
| Jan 2024 | Anti-social behaviour | On or near Tudor Close |