£172,375
This estimated value is based upon the latest sale price for the house of £168,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£168,000 | 30 Nov 2023 |
£140,000 | 1 May 2018 |
£113,000 | 22 Jan 2016 |
£77,000 | 19 Sep 2003 |
£45,000 | 20 Dec 2000 |
£38,500 | 22 Jan 1999 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 November 2023 the House Price Index for SUFFOLK was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £168,000 results in an estimated price of approximately £172,375.
30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £168,000 | £4,375 | £172,375 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 1.093 % | £1,835 | £169,835 |
3 Month Average | 5.350 % | £8,988 | £176,988 |
6 Month Average | -9.519 % | £-15,991 | £152,008 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £172,376 | £168,000 | 11 ASH CLOSE |
17 Nov 2023 | £237,529 | £231,500 | 14 THE CHASE |
25 Aug 2023 | £194,508 | £191,000 | 3 WALNUT CLOSE |
21 Aug 2023 | £193,490 | £190,000 | 3 ASH CLOSE |
15 Jul 2022 | £191,923 | £190,000 | 9 WALNUT CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 8 Dec 2015. Using an estimated price of £172,376 means this house is valued at £3,024 per sq meter (£280 per sq foot).
The average size of a house on ASH CLOSE is 79 sq meters (856 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ash Close |
Jul 2024 | Anti-social behaviour | On or near The Chase | |
Jul 2024 | Anti-social behaviour | On or near The Chase | |
Jul 2024 | Anti-social behaviour | On or near The Chase | |
Jul 2024 | Anti-social behaviour | On or near The Chase |