£350,193
This estimated value is based upon the latest sale price for the house of £69,000 on 22 Aug 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £69,000 | 22 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 1997 the House Price Index for SUFFOLK was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £69,000 results in an estimated price of approximately £350,193.
| 22 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £69,000 | £281,193 | £350,193 |
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 | 520.327 % | £359,025 | £428,025 |
| 3 Month Average | 373.040 % | £257,397 | £326,397 |
| 6 Month Average | 271.080 % | £187,045 | £256,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £280,000 | £280,000 | 15 ALVIS CLOSE |
| 10 Nov 2023 | £574,585 | £560,000 | 4 GIBBON CLOSE |
| 29 Sep 2023 | £291,424 | £285,000 | 26 CALTHORPE CLOSE |
| 25 Aug 2023 | £356,429 | £350,000 | 4 BLUEBELL AVENUE |
| 5 Jun 2023 | £325,524 | £319,000 | 39 BLUEBELL AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 Sep 2015. Using an estimated price of £350,193 means this house is valued at £4,168 per sq meter (£387 per sq foot).
The average size of a house on ALVIS CLOSE is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Violet Close |
| May 2024 | Anti-social behaviour | On or near Poppy Close | |
| May 2024 | Anti-social behaviour | On or near Poppy Close | |
| May 2024 | Anti-social behaviour | On or near Poppy Close | |
| May 2024 | Anti-social behaviour | On or near Bluebell Avenue |