£224,139
This estimated value is based upon the latest sale price for the house of £130,000 on 10 Dec 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£130,000 | 10 Dec 2010 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 747 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 2010 the House Price Index for SUFFOLK was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £130,000 results in an estimated price of approximately £224,139.
10 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.8 | 149.7 | 72.415 % | £130,000 | £94,139 | £224,139 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | 56.659 % | £73,656 | £203,656 |
3 Month Average | 104.026 % | £135,233 | £265,233 |
6 Month Average | 74.240 % | £96,511 | £226,511 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £330,145 | £320,000 | 4 BUTTERCUP CLOSE |
15 Sep 2023 | £243,876 | £238,500 | 24 ACORN CLOSE |
1 Sep 2023 | £281,199 | £275,000 | 1 WENTWORTH DRIVE |
28 Oct 2022 | £221,759 | £222,500 | 30 BUTTERCUP CLOSE |
2 Sep 2022 | £227,348 | £227,500 | 4 ACORN CLOSE |
This house has a floor area of 69 sq meters or 747 sq feet when measured on 10 Dec 2009. Using an estimated price of £224,139 means this house is valued at £3,225 per sq meter (£299 per sq foot).
The average size of a house on WENTWORTH DRIVE is 80 sq meters (868 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wentworth Drive |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chamberlain Way |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Shepherd Drive |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laburnum Close |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Laburnum Close |