£387,601
This estimated value is based upon the latest sale price for the house of £169,000 on 10 Jul 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £169,000 | 10 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,136 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 2003 the House Price Index for SUFFOLK was 64.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 129.350%.Applying this 129.350% change to the original purchase price of £169,000 results in an estimated price of approximately £387,601.
| 10 Jul 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 146.7 | 129.350 % | £169,000 | £218,601 | £387,601 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 172.399 % | £291,353 | £460,353 |
| 3 Month Average | 133.531 % | £225,667 | £394,667 |
| 6 Month Average | 129.008 % | £218,023 | £387,023 |
This house has a floor area of 105 sq meters or 1,136 sq feet when measured on 5 May 2011.
The average size of a house on MAGDALEN CLOSE is 148 sq meters (1,602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Clovelly Rise |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Elmore Gardens |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near El Alamein Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kirkstone Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |