£244,831
This estimated value is based upon the latest sale price for the house of £236,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £236,000 | 8 Apr 2022 |
| £170,000 | 14 Jun 2018 |
| £118,500 | 18 Mar 2011 |
| £110,000 | 19 Oct 2007 |
| £100,000 | 10 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,032 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 April 2022 the House Price Index for SUFFOLK was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £236,000 results in an estimated price of approximately £244,831.
| 8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £236,000 | £8,831 | £244,831 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | -29.994 % | £-70,784 | £165,215 |
| 3 Month Average | 3.918 % | £9,246 | £245,246 |
| 6 Month Average | 8.631 % | £20,368 | £256,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £189,818 | £185,000 | 138 CHESTERTON CLOSE |
| 27 Oct 2023 | £133,021 | £130,000 | 28 DOWNING CLOSE |
| 6 Sep 2023 | £409,016 | £400,000 | 38 HOLYROOD CLOSE |
| 23 Jun 2023 | £214,294 | £210,000 | 56 FITZWILLIAM CLOSE |
| 2 Jun 2023 | £415,833 | £407,500 | 42 BALMORAL CLOSE |
This house has a floor area of 95 sq meters or 1,032 sq feet when measured on 29 Jan 2009. Using an estimated price of £244,832 means this house is valued at £2,552 per sq meter (£237 per sq foot).
The average size of a house on DOWNING CLOSE is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downing Close |
| Apr 2024 | Public order | Under investigation | On or near Downing Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Drive |