£142,427
This estimated value is based upon the latest sale price for the house of £141,000 on 4 Jul 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £141,000 | 4 Jul 2022 |
| £131,000 | 26 Apr 2016 |
| £100,000 | 26 Jun 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 405 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 2022 the House Price Index for SUFFOLK was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £141,000 results in an estimated price of approximately £142,427.
| 4 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £141,000 | £1,427 | £142,427 |
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 | 7.200 % | £10,152 | £151,152 |
| 3 Month Average | 3.107 % | £4,380 | £145,380 |
| 6 Month Average | -8.108 % | £-11,432 | £129,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £175,517 | £172,000 | 29 WARWICK DRIVE |
| 6 Mar 2023 | £315,316 | £310,050 | 9 CUMBERLAND AVENUE |
| 23 Feb 2023 | £241,614 | £240,000 | 141 NORTHUMBERLAND AVENUE |
| 4 Jul 2022 | £142,427 | £141,000 | 15 DURHAM CLOSE |
| 8 Apr 2022 | £184,142 | £177,500 | 148 NORTHUMBERLAND AVENUE |
This house has a floor area of 37 sq meters or 405 sq feet when measured on 23 Feb 2012. Using an estimated price of £142,427 means this house is valued at £3,784 per sq meter (£351 per sq foot).
The average size of a house on DURHAM CLOSE is 53 sq meters (575 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Durham Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Warwick Drive |
| Jul 2024 | Other crime | Under investigation | On or near Trigg Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Avenue |