£438,370
This estimated value is based upon the latest sale price for the house of £295,000 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £295,000 | 23 Jan 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 January 2015 the House Price Index for SUFFOLK was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £295,000 results in an estimated price of approximately £438,370.
| 23 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £295,000 | £143,370 | £438,370 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -14.371 % | £-42,395 | £252,604 |
| 3 Month Average | 9.756 % | £28,781 | £323,781 |
| 6 Month Average | 28.645 % | £84,504 | £379,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £182,000 | £182,000 | 16 HEPWORTH AVENUE |
| 24 Nov 2023 | £210,111 | £207,000 | 30 HEPWORTH AVENUE |
| 31 Jul 2023 | £194,619 | £192,000 | 41 DENHAM CLOSE |
| 3 Jul 2023 | £412,553 | £407,000 | 56 HEPWORTH AVENUE |
| 31 Jan 2023 | £144,320 | £145,000 | 90 DENHAM CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 26 Sep 2014. Using an estimated price of £438,370 means this house is valued at £4,614 per sq meter (£428 per sq foot).
The average size of a house on NEWMARKET ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Denham Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Denham Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hepworth Avenue |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Hepworth Avenue |
| Feb 2024 | Shoplifting | Under investigation | On or near Shopping Area |