£252,577
This estimated value is based upon the latest sale price for the house of £240,000 on 6 Jan 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£240,000 | 6 Jan 2022 |
£129,000 | 8 Jun 2007 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 January 2022 the House Price Index for SUFFOLK was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £240,000 results in an estimated price of approximately £252,577.
6 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £240,000 | £12,577 | £252,577 |
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 | 38.513 % | £92,432 | £332,432 |
3 Month Average | 16.366 % | £39,278 | £279,278 |
6 Month Average | 2.754 % | £6,609 | £246,609 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £304,898 | £301,000 | WOLSEY HOUSE, 2 THE DRIFT |
24 Aug 2023 | £232,030 | £230,000 | 71 LINDBERGH ROAD |
16 Jun 2023 | £258,127 | £255,000 | 59 CAMPBELL ROAD |
23 Mar 2023 | £452,261 | £448,000 | 14 THE QUADRANGLE CENTRE THE DRIFT |
5 Jul 2022 | £280,756 | £280,000 | 61 LINDBERGH ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 5 Oct 2021. Using an estimated price of £252,578 means this house is valued at £2,775 per sq meter (£257 per sq foot).
The average size of a house on CRANWELL CRESCENT is 115 sq meters (1,237 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cranwell Crescent |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cranwell Crescent |
Mar 2024 | Anti-social behaviour | On or near Lindbergh Road | |
Mar 2024 | Anti-social behaviour | On or near Lindbergh Road | |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lindbergh Road |