£162,406
This estimated value is based upon the latest sale price for the house of £112,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £112,000 | 10 Jul 2015 |
| £75,000 | 18 Sep 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 July 2015 the House Price Index for SUFFOLK was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £112,000 results in an estimated price of approximately £162,406.
| 10 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £112,000 | £50,406 | £162,406 |
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 | 35.344 % | £39,585 | £151,585 |
| 3 Month Average | 29.495 % | £33,034 | £145,034 |
| 6 Month Average | 32.188 % | £36,050 | £148,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £174,428 | £170,000 | 19 PROVAN COURT |
| 1 Sep 2023 | £327,213 | £320,000 | 294 FELIXSTOWE ROAD |
| 8 Jun 2022 | £296,334 | £290,000 | 135 CAMDEN ROAD |
| 17 Dec 2021 | £269,827 | £250,000 | 258 FELIXSTOWE ROAD |
| 13 Aug 2021 | £269,730 | £240,000 | 18 CAMWOOD GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Apr 2018. Using an estimated price of £162,407 means this house is valued at £2,224 per sq meter (£206 per sq foot).
The average size of a house on MALVERN CLOSE is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malvern Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malvern Close |
| May 2024 | Anti-social behaviour | On or near Malvern Close | |
| May 2024 | Anti-social behaviour | On or near Malvern Close | |
| May 2024 | Anti-social behaviour | On or near Malvern Close |