£601,881
This estimated value is based upon the latest sale price for the house of £375,000 on 18 Dec 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £375,000 | 18 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 December 2013 the House Price Index for SUFFOLK was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £375,000 results in an estimated price of approximately £601,881.
| 18 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £375,000 | £226,881 | £601,881 |
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 | 19.324 % | £72,466 | £447,466 |
| 3 Month Average | 11.862 % | £44,480 | £419,480 |
| 6 Month Average | 44.489 % | £166,832 | £541,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £568,415 | £560,000 | 4 GIBBON CLOSE |
| 29 Sep 2023 | £288,691 | £285,000 | 26 CALTHORPE CLOSE |
| 27 Apr 2023 | £614,112 | £607,500 | 11 FISKE CLOSE |
| 3 Aug 2022 | £324,128 | £325,000 | 34 CALTHORPE CLOSE |
| 20 Jan 2022 | £552,514 | £525,000 | 6 POPPY CLOSE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 5 Sep 2013. Using an estimated price of £601,882 means this house is valued at £4,393 per sq meter (£408 per sq foot).
There is one other house on the street which we know the size of, this is 8 FISKE CLOSE it is 148.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Downing Close | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mount Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lawson Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawson Place |
| Feb 2024 | Drugs | Local resolution | On or near Lawson Place |