£299,604
This estimated value is based upon the latest sale price for the house of £225,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 8 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £225,000 results in an estimated price of approximately £299,604.
| 8 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £225,000 | £74,604 | £299,604 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 38.404 % | £86,408 | £311,408 |
| 3 Month Average | 44.502 % | £100,130 | £325,130 |
| 6 Month Average | 34.456 % | £77,525 | £302,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £361,322 | £355,000 | 25 CORPORAL LILLIE CLOSE |
| 28 Jun 2023 | £350,243 | £346,000 | 15 NONSUCH MEADOW |
| 22 Feb 2022 | £330,339 | £315,000 | 21 MEADOW PLACE |
| 10 Feb 2022 | £519,104 | £495,000 | LITTLE RIDGES, 19A NONSUCH MEADOW |
| 29 Oct 2021 | £2,434,252 | £2,200,000 | LITTLE ROSEWORTHY MEADOW LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Mar 2016. Using an estimated price of £299,605 means this house is valued at £4,048 per sq meter (£376 per sq foot).
The average size of a house on WILLOW CLOSE is 119 sq meters (1,281 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bullocks Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corporal Lillie Close |
| Jan 2024 | Drugs | Local resolution | On or near Corporal Lillie Close |
| Jan 2024 | Drugs | Local resolution | On or near Corporal Lillie Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |