£389,848
This estimated value is based upon the latest sale price for the house of £200,000 on 2 Jul 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £200,000 | 2 Jul 2004 |
| £88,000 | 29 May 1998 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 July 2004 the House Price Index for SUFFOLK was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £200,000 results in an estimated price of approximately £389,848.
| 2 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £200,000 | £189,848 | £389,848 |
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 | -4.657 % | £-9,313 | £190,686 |
| 3 Month Average | 54.029 % | £108,057 | £308,057 |
| 6 Month Average | 67.546 % | £135,092 | £335,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £326,454 | £322,500 | 85 HELDHAW ROAD |
| 28 Jun 2023 | £259,139 | £256,000 | 18 SNOWDROP CLOSE |
| 12 Jun 2023 | £354,292 | £350,000 | 36 HELDHAW ROAD |
| 14 Apr 2023 | £246,656 | £244,000 | 8 SNOWDROP CLOSE |
| 17 Mar 2023 | £368,471 | £365,000 | 5 SNOWDROP CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Apr 2014. Using an estimated price of £389,848 means this house is valued at £4,641 per sq meter (£431 per sq foot).
The average size of a house on CRANESBILL DRIVE is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Poppy Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowslip Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Browse Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Boldero Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Boldero Road |