£362,949
This estimated value is based upon the latest sale price for the house of £347,500 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £347,500 | 25 Feb 2022 |
| £300,000 | 30 Sep 2016 |
| £180,000 | 13 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 February 2022 the House Price Index for SUFFOLK was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £347,500 results in an estimated price of approximately £362,949.
| 25 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £347,500 | £15,449 | £362,949 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -25.273 % | £-87,825 | £259,674 |
| 3 Month Average | -35.058 % | £-121,827 | £225,672 |
| 6 Month Average | -12.298 % | £-42,734 | £304,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £185,000 | £181,500 | 46 CODLING ROAD |
| 1 Dec 2023 | £356,749 | £350,000 | 12 RUSSET CLOSE |
| 23 Nov 2023 | £288,706 | £285,000 | 127 CODLING ROAD |
| 16 Jun 2022 | £252,560 | £250,000 | 119 CODLING ROAD |
| 28 Feb 2022 | £250,670 | £240,000 | 11 CODLING ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 7 Nov 2013. Using an estimated price of £362,950 means this house is valued at £3,945 per sq meter (£366 per sq foot).
The average size of a house on CODLING ROAD is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pippin Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pippin Close |
| Apr 2024 | Shoplifting | Under investigation | On or near Pond Grove Close |
| Apr 2024 | Shoplifting | Under investigation | On or near Pond Grove Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Leabrook Close |