£282,452
This estimated value is based upon the latest sale price for the house of £280,000 on 29 Apr 2024. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£280,000 | 29 Apr 2024 |
£78,000 | 22 Nov 2001 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 April 2024 the House Price Index for SUFFOLK was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £280,000 results in an estimated price of approximately £282,452.
29 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.4 | 149.7 | 0.876 % | £280,000 | £2,452 | £282,452 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 7.539 % | £21,109 | £301,109 |
3 Month Average | 21.019 % | £58,852 | £338,852 |
6 Month Average | 0.404 % | £1,132 | £281,132 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £282,453 | £280,000 | 1 CLARE ROAD |
11 Aug 2023 | £295,327 | £290,000 | 6 QUEENSGATE DRIVE |
28 Oct 2022 | £363,785 | £365,000 | 2 KINGSGATE DRIVE |
23 Jun 2022 | £324,435 | £317,500 | 216 BRUNSWICK ROAD |
16 Jun 2022 | £347,427 | £340,000 | 38 KINGSGATE DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 11 Apr 2015. Using an estimated price of £282,453 means this house is valued at £3,766 per sq meter (£349 per sq foot).
The average size of a house on CLARE ROAD is 91 sq meters (982 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Kingsgate Drive |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kingsgate Drive |
Oct 2024 | Drugs | Local resolution | On or near Supermarket |
Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |