£234,848
This estimated value is based upon the latest sale price for the house of £190,000 on 6 Sep 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £190,000 | 6 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2019 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £190,000 results in an estimated price of approximately £234,848.
| 6 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £190,000 | £44,848 | £234,848 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | -4.525 % | £-8,598 | £181,401 |
| 3 Month Average | 12.620 % | £23,977 | £213,977 |
| 6 Month Average | 10.830 % | £20,577 | £210,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £312,716 | £310,000 | 14 PETINGO CLOSE |
| 6 Dec 2023 | £144,438 | £140,000 | UNIT 9 STUDLANDS BUSINESS CENTRE |
| 24 Oct 2023 | £286,507 | £280,000 | 52 BRICKFIELDS AVENUE |
| 2 Oct 2023 | £263,484 | £257,500 | 6 PETINGO CLOSE |
| 4 Aug 2023 | £249,500 | £245,000 | 320 HETHERSETT CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Jul 2019. Using an estimated price of £234,849 means this house is valued at £2,762 per sq meter (£256 per sq foot).
The average size of a house on PETINGO CLOSE is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Petingo Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petingo Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Golden Miller Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Golden Miller Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1103 |