£514,365
This estimated value is based upon the latest sale price for the house of £395,000 on 6 Apr 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£395,000 | 6 Apr 2017 |
£169,995 | 30 Jun 2000 |
£113,000 | 11 Mar 1998 |
£95,000 | 7 Apr 1995 |
Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £395,000 results in an estimated price of approximately £514,365.
6 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £395,000 | £119,365 | £514,365 |
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 | 35.276 % | £139,339 | £534,339 |
3 Month Average | 22.215 % | £87,748 | £482,748 |
6 Month Average | -2.945 % | £-11,632 | £383,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £461,720 | £450,000 | 2 LAYWOOD CLOSE |
2 Mar 2023 | £254,246 | £250,000 | 60 EMSWORTH CLOSE |
21 Jul 2022 | £723,247 | £716,000 | 17 MIDHURST CLOSE |
31 Mar 2022 | £232,797 | £223,000 | 40 EMSWORTH CLOSE |
10 Dec 2021 | £183,482 | £170,000 | 24 BRAYFIELD CLOSE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 30 Nov 2016. Using an estimated price of £514,366 means this house is valued at £3,956 per sq meter (£367 per sq foot).
The average size of a house on LAYWOOD CLOSE is 192 sq meters (2,069 sq feet).
This house is the smallest in the street with a floor area of 130 sq meters (1,399 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Brayfield Close | |
Apr 2024 | Anti-social behaviour | On or near Brayfield Close | |
Apr 2024 | Anti-social behaviour | On or near Brayfield Close | |
Apr 2024 | Anti-social behaviour | On or near Brayfield Close | |
Jul 2024 | Public order | Under investigation | On or near St Nicholas Close |