£272,888
This estimated value is based upon the latest sale price for the house of £200,000 on 22 Apr 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Barons Close
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| Price Paid | Date |
|---|---|
| £200,000 | 22 Apr 2016 |
| £184,950 | 5 Apr 2007 |
| £90,000 | 23 Feb 2001 |
| £72,000 | 7 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2016 the House Price Index for SUFFOLK was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £200,000 results in an estimated price of approximately £272,888.
| 22 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £200,000 | £72,888 | £272,888 |
The Postcode Pricing Model uses changes in average sales price within the IP19 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 | 74.976 % | £149,952 | £349,952 |
| 3 Month Average | 74.074 % | £148,147 | £348,147 |
| 6 Month Average | 41.829 % | £83,658 | £283,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £300,418 | £295,000 | 11 BARONS CLOSE |
| 28 Jun 2023 | £295,930 | £290,000 | 32 BARONS CLOSE |
| 21 Apr 2023 | £305,718 | £300,000 | 28 BARONS CLOSE |
| 21 Mar 2023 | £122,038 | £120,000 | 55 GAINSBOROUGH DRIVE |
| 4 Apr 2022 | £186,736 | £180,000 | 34 GAINSBOROUGH DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Jan 2013. Using an estimated price of £272,888 means this house is valued at £3,738 per sq meter (£347 per sq foot).
The average size of a house on BARONS CLOSE is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Barons Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gainsborough Drive |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Babington Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Green |