£278,094
This estimated value is based upon the latest sale price for the house of £248,000 on 12 Mar 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £248,000 | 12 Mar 2021 |
| £82,500 | 3 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 March 2021 the House Price Index for SUFFOLK was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £248,000 results in an estimated price of approximately £278,094.
| 12 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 149.7 | 12.135 % | £248,000 | £30,094 | £278,094 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | -20.807 % | £-51,600 | £196,399 |
| 3 Month Average | -14.608 % | £-36,227 | £211,772 |
| 6 Month Average | 12.531 % | £31,077 | £279,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £397,205 | £385,000 | 8 RILEY CLOSE |
| 21 Feb 2023 | £271,816 | £270,000 | 14 RILEY CLOSE |
| 2 Feb 2023 | £437,925 | £435,000 | 10 ASTON CLOSE |
| 24 Jan 2023 | £411,098 | £410,000 | 1 JAGUAR CLOSE |
| 26 Aug 2022 | £426,997 | £425,000 | 16 LOTUS CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 11 Jun 2020. Using an estimated price of £278,094 means this house is valued at £3,391 per sq meter (£315 per sq foot).
The average size of a house on JAGUAR CLOSE is 115 sq meters (1,246 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Lagonda Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lagonda Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lagonda Drive |
| Sep 2024 | Drugs | Local resolution | On or near Morgan Drive |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morgan Drive |