£241,419
This estimated value is based upon the latest sale price for the house of £239,000 on 22 Jul 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £239,000 | 22 Jul 2022 |
| £53,000 | 19 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2022 the House Price Index for SUFFOLK was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £239,000 results in an estimated price of approximately £241,419.
| 22 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £239,000 | £2,419 | £241,419 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 13.156 % | £31,443 | £270,443 |
| 3 Month Average | 4.997 % | £11,943 | £250,943 |
| 6 Month Average | 12.541 % | £29,974 | £268,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £254,246 | £250,000 | 24 SHELLEY CLOSE |
| 2 Sep 2022 | £274,816 | £275,000 | 6 HESSETT CLOSE |
| 22 Jul 2022 | £241,419 | £239,000 | 12 ELMSETT CLOSE |
| 8 Apr 2022 | £222,527 | £214,500 | 61 LAVENHAM WAY |
| 23 Mar 2022 | £229,665 | £220,000 | 8 ELMSETT CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 11 Jul 2009. Using an estimated price of £241,419 means this house is valued at £4,162 per sq meter (£386 per sq foot).
The average size of a house on ELMSETT CLOSE is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hessett Close |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hessett Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hessett Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Hessett Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Needham Road |