£289,443
This estimated value is based upon the latest sale price for the house of £250,000 on 2 Jul 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 2 Jul 2021 |
| £181,500 | 26 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2021 the House Price Index for SUFFOLK was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £250,000 results in an estimated price of approximately £289,443.
| 2 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £250,000 | £39,443 | £289,443 |
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 | 31.076 % | £77,689 | £327,689 |
| 3 Month Average | -9.354 % | £-23,385 | £226,614 |
| 6 Month Average | 7.733 % | £19,331 | £269,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £322,321 | £315,000 | 21 HIGHFIELD ROAD |
| 16 Oct 2023 | £281,391 | £275,000 | 18 EVERTON CRESCENT |
| 11 Oct 2023 | £294,181 | £287,500 | 18 HIGHFIELD ROAD |
| 6 Oct 2023 | £312,088 | £305,000 | 28 EVERTON CRESCENT |
| 26 Jun 2023 | £352,055 | £345,000 | 57 CHESTERFIELD DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 10 Jun 2013. Using an estimated price of £289,443 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on CHELSEA CLOSE is 108 sq meters (1,164 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chelsea Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Everton Crescent |
| Oct 2024 | Possession of weapons | Under investigation | On or near St Raphael Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Raphael Court |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near St Raphael Court |