£283,926
This estimated value is based upon the latest sale price for the house of £165,950 on 30 Jun 2011. 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 Greenford Way
More crime details
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Price Paid | Date |
---|---|
£165,950 | 30 Jun 2011 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,255 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 June 2011 the House Price Index for SUFFOLK was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £165,950 results in an estimated price of approximately £283,926.
30 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 146.7 | 71.092 % | £165,950 | £117,976 | £283,926 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 60.220 % | £99,934 | £265,884 |
3 Month Average | 61.516 % | £102,085 | £268,035 |
6 Month Average | 76.289 % | £126,602 | £292,552 |
This house has a floor area of 116 sq meters or 1,255 sq feet when measured on 24 Jun 2011.
There is one other house on the street which we know the size of, this is 2 GREENFORD WAY it is 116.61
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Greenford Way |
Jan 2024 | Burglary | Under investigation | On or near Greenford Way |