£215,003
This estimated value is based upon the latest sale price for the house of £42,000 on 25 Jul 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£42,000 | 25 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 1997 the House Price Index for SUFFOLK was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £42,000 results in an estimated price of approximately £215,003.
25 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 149.7 | 411.913 % | £42,000 | £173,003 | £215,003 |
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 | 369.023 % | £154,989 | £196,989 |
3 Month Average | 407.441 % | £171,125 | £213,125 |
6 Month Average | 454.998 % | £191,098 | £233,098 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £211,499 | £205,000 | 7 FODEN AVENUE |
31 Aug 2023 | £234,224 | £230,000 | 26 CROSSLEY GARDENS |
1 Jun 2022 | £51,092 | £50,000 | 26A CROSSLEY GARDENS |
4 Apr 2022 | £212,671 | £205,000 | 95 LOVETOFTS DRIVE |
17 Mar 2022 | £191,040 | £183,000 | 91 LOVETOFTS DRIVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 24 Nov 2016. Using an estimated price of £215,004 means this house is valued at £3,644 per sq meter (£338 per sq foot).
The average size of a house on CROSSLEY GARDENS is 72 sq meters (782 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crossley Gardens |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maudslay Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Maudslay Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lovetofts Drive |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Lovetofts Drive |