£576,430
This estimated value is based upon the latest sale price for the house of £567,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Malcolm Way
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Price Paid | Date |
---|---|
£567,000 | 8 Apr 2022 |
£450,000 | 22 Sep 2015 |
Detached |
Freehold |
Floor Area: 133 sq meters or 1,431 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 2022 the House Price Index for SUFFOLK was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £567,000 results in an estimated price of approximately £576,430.
8 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 146.7 | 1.663 % | £567,000 | £9,430 | £576,430 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 5.495 % | £31,153 | £598,153 |
3 Month Average | 14.295 % | £81,054 | £648,054 |
6 Month Average | 10.842 % | £61,473 | £628,473 |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 14 May 2015.
The average size of a house on FERNDALE CLOSE is 200 sq meters (2,152 sq feet).
This house is the smallest in the street with a floor area of 133 sq meters (1,431 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Malcolm Way |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malcolm Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wragg Drive |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Brewers Lane |
Mar 2024 | Public order | Under investigation | On or near Brewers Lane |