£293,618
This estimated value is based upon the latest sale price for the house of £240,000 on 18 Jul 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 18 Jul 2018 |
| £174,995 | 31 Oct 2008 |
| £59,950 | 25 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2018 the House Price Index for SUFFOLK was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £240,000 results in an estimated price of approximately £293,618.
| 18 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £240,000 | £53,618 | £293,618 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 90.728 % | £217,746 | £457,746 |
| 3 Month Average | 37.119 % | £89,084 | £329,084 |
| 6 Month Average | 28.939 % | £69,454 | £309,454 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Dec 2017.
The average size of a house on FARNHAM CLOSE is 164 sq meters (1,765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gloucester Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wenhaston Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Butley Drive |
| Jan 2024 | Vehicle crime | Under investigation | On or near Orford Drive |
| Jan 2024 | Vehicle crime | Under investigation | On or near Orford Drive |