£356,591
This estimated value is based upon the latest sale price for the house of £267,000 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £267,000 | 24 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 2016 the House Price Index for SUFFOLK was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £267,000 results in an estimated price of approximately £356,591.
| 24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £267,000 | £89,591 | £356,591 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 23.307 % | £62,230 | £329,230 |
| 3 Month Average | 14.235 % | £38,006 | £305,006 |
| 6 Month Average | 16.020 % | £42,772 | £309,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £428,751 | £425,000 | 10 NIGHTINGALE CLOSE |
| 31 Jul 2023 | £382,650 | £377,500 | 7 WESTGARTH GARDENS |
| 27 Jul 2022 | £360,972 | £360,000 | 65 HOSPITAL ROAD |
| 31 Mar 2022 | £261,656 | £252,500 | 11 BULLEN CLOSE |
| 10 Dec 2021 | £428,551 | £400,000 | 18 WESTGARTH GARDENS |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 23 Feb 2016. Using an estimated price of £356,592 means this house is valued at £3,364 per sq meter (£312 per sq foot).
There is one other house on the street which we know the size of, this is 6 SOUTH CLOSE it is 113.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near South Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chevington Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chevington Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chevington Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Brooklands Close |