£212,718
This estimated value is based upon the latest sale price for the house of £180,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £180,000 | 2 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 October 2020 the House Price Index for SUFFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £180,000 results in an estimated price of approximately £212,718.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £180,000 | £32,718 | £212,718 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 27.381 % | £49,286 | £229,286 |
| 3 Month Average | 23.286 % | £41,914 | £221,914 |
| 6 Month Average | 9.942 % | £17,895 | £197,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £238,000 | £238,000 | 5 STUART CLOSE |
| 15 Sep 2023 | £357,889 | £350,000 | 48 PINEWOOD DRIVE |
| 8 Aug 2023 | £224,041 | £220,000 | 49 RATTLERS ROAD |
| 7 Jan 2022 | £259,749 | £245,000 | 6 STUART CLOSE |
| 16 Jun 2021 | £259,408 | £240,000 | 11 PINEWOOD DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 20 Jul 2020. Using an estimated price of £212,718 means this house is valued at £1,969 per sq meter (£182 per sq foot).
The average size of a house on FIRS WAY is 101 sq meters (1,097 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinewood Drive |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Walton Way |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Spinney Close |
| Sep 2024 | Anti-social behaviour | On or near Spinney Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |