£348,414
This estimated value is based upon the latest sale price for the house of £283,000 on 14 May 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £283,000 | 14 May 2019 |
| £250,000 | 26 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 May 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £283,000 results in an estimated price of approximately £348,414.
| 14 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £283,000 | £65,414 | £348,414 |
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 | -8.169 % | £-23,119 | £259,880 |
| 3 Month Average | -3.334 % | £-9,434 | £273,565 |
| 6 Month Average | -0.334 % | £-944 | £282,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £307,913 | £305,000 | 235 SIDEGATE LANE |
| 9 Aug 2022 | £206,107 | £207,500 | 5 WILLIS CRESCENT |
| 6 Apr 2022 | £492,308 | £480,000 | 184 SIDEGATE LANE |
| 21 Jan 2022 | £405,637 | £387,000 | 161 SIDEGATE LANE |
| 12 Jan 2022 | £277,762 | £265,000 | 34 LANCING AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 18 Sep 2014. Using an estimated price of £348,414 means this house is valued at £3,196 per sq meter (£296 per sq foot).
The average size of a house on WILLIS CRESCENT is 120 sq meters (1,295 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Willis Crescent | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willis Crescent |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Willis Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Orkney Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orkney Road |