£332,723
This estimated value is based upon the latest sale price for the house of £322,500 on 4 Dec 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£322,500 | 4 Dec 2023 |
£200,000 | 4 May 2012 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 December 2023 the House Price Index for SUFFOLK was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £322,500 results in an estimated price of approximately £332,723.
4 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £322,500 | £10,223 | £332,723 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -22.255 % | £-71,770 | £250,729 |
3 Month Average | -4.959 % | £-15,991 | £306,508 |
6 Month Average | -8.902 % | £-28,708 | £293,791 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £353,066 | £350,000 | 4 REMBRANDT WAY |
4 Dec 2023 | £332,724 | £322,500 | 15 HOLYWELL CLOSE |
17 Nov 2023 | £374,506 | £365,000 | 31 REMBRANDT WAY |
23 Aug 2023 | £397,163 | £390,000 | 27 REMBRANDT WAY |
18 Jan 2023 | £381,018 | £380,000 | 29 REMBRANDT WAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 Nov 2021. Using an estimated price of £332,724 means this house is valued at £3,914 per sq meter (£363 per sq foot).
The average size of a house on HOLYWELL CLOSE is 102 sq meters (1,098 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ilex Close |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Caulfield Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caulfield Close |
Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hardwick Lane |
Jun 2024 | Anti-social behaviour | On or near Hardwick Lane |