£299,615
This estimated value is based upon the latest sale price for the house of £191,000 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £191,000 | 4 Apr 2014 |
| £186,250 | 31 Aug 2012 |
| £150,000 | 28 Nov 2008 |
| £185,000 | 28 Jul 2006 |
| £159,950 | 29 Jan 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,034 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 April 2014 the House Price Index for SUFFOLK was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £191,000 results in an estimated price of approximately £299,615.
| 4 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £191,000 | £108,615 | £299,615 |
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 | 72.415 % | £138,312 | £329,312 |
| 3 Month Average | 64.169 % | £122,561 | £313,561 |
| 6 Month Average | 70.270 % | £134,216 | £325,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £324,986 | £315,000 | 12 SHEARWATER WAY |
| 23 Oct 2023 | £255,810 | £250,000 | 4 BLACKBIRD WAY |
| 6 Oct 2023 | £332,553 | £325,000 | 22 SHEARWATER WAY |
| 24 Feb 2023 | £427,858 | £425,000 | 16 SHEARWATER WAY |
| 8 Jul 2022 | £282,834 | £280,000 | 4 MAGPIE COURT |
This house has a floor area of 96 sq meters or 1,034 sq feet when measured on 24 Jun 2011. Using an estimated price of £299,615 means this house is valued at £3,117 per sq meter (£289 per sq foot).
The average size of a house on SHEARWATER WAY is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Sheerwater Way |
| Oct 2024 | Public order | Under investigation | On or near Sheerwater Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sheerwater Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swift Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robin Close |