£245,774
This estimated value is based upon the latest sale price for the house of £225,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 8 Oct 2021 |
| £123,000 | 26 Apr 2005 |
| £56,000 | 12 Jun 1998 |
| £44,500 | 7 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2021 the House Price Index for SUFFOLK was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £225,000 results in an estimated price of approximately £245,774.
| 8 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £225,000 | £20,774 | £245,774 |
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 | 7.906 % | £17,787 | £242,787 |
| 3 Month Average | 37.177 % | £83,647 | £308,647 |
| 6 Month Average | -8.249 % | £-18,559 | £206,440 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 29 Aug 2018.
The average size of a house on GORDON RICHARDS CLOSE is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Richards Close |
| Mar 2024 | Public order | Under investigation | On or near Gordon Richards Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gordon Richards Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gordon Richards Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gordon Richards Close |