£514,514
This estimated value is based upon the latest sale price for the house of £360,000 on 18 Sep 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£360,000 | 18 Sep 2015 |
£350,000 | 19 Aug 2011 |
£283,750 | 29 Nov 2002 |
Detached |
Freehold |
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 2015 the House Price Index for SUFFOLK was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £360,000 results in an estimated price of approximately £514,514.
18 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £360,000 | £154,514 | £514,514 |
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 | 33.788 % | £121,637 | £481,637 |
3 Month Average | 37.489 % | £134,961 | £494,961 |
6 Month Average | 22.257 % | £80,124 | £440,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £292,423 | £285,000 | 3 HOLLY CLOSE |
31 Aug 2023 | £381,888 | £375,000 | 24 MEADOW CRESCENT |
2 Jun 2023 | £382,669 | £375,000 | 61 MEADOW CRESCENT |
10 Feb 2023 | £412,757 | £410,000 | 67 MEADOW CRESCENT |
25 Nov 2022 | £368,278 | £370,000 | 69 MEADOW CRESCENT |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Close |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Crescent |
Aug 2024 | Anti-social behaviour | On or near Porter Road | |
Aug 2024 | Public order | Under investigation | On or near Porter Road |
Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Purdis Place |