£643,115
This estimated value is based upon the latest sale price for the house of £595,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £595,000 | 28 Jun 2021 |
| £485,000 | 30 Nov 2020 |
| £485,000 | 28 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 226 sq meters or 2,432 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 2021 the House Price Index for SUFFOLK was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £595,000 results in an estimated price of approximately £643,115.
| 28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £595,000 | £48,115 | £643,115 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | 42.686 % | £253,983 | £848,983 |
| 3 Month Average | 23.188 % | £137,970 | £732,970 |
| 6 Month Average | 13.060 % | £77,709 | £672,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2024 | £287,000 | £287,000 | 8 WAVENEY CLOSE |
| 31 Mar 2023 | £238,991 | £235,000 | 21 HENLEY CLOSE |
| 11 Nov 2022 | £467,813 | £470,000 | 2 FAIRFIELD HOUSE GARDENS |
| 7 Oct 2022 | £361,293 | £362,500 | 14 ORWELL AVENUE |
| 26 Aug 2022 | £296,386 | £295,000 | 7 ORWELL AVENUE |
This house has a floor area of 226 sq meters or 2,432 sq feet when measured on 11 Sep 2019. Using an estimated price of £643,116 means this house is valued at £2,845 per sq meter (£264 per sq foot).
The average size of a house on STOUR CLOSE is 220 sq meters (2,378 sq feet).
This house is the largest in the street with a floor area of 226 sq meters (2,432 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stour Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near The Spinney |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Spinney |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooper Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lambsale Meadow |