£210,465
This estimated value is based upon the latest sale price for the house of £195,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 17 Dec 2021 |
| £175,000 | 27 Mar 2020 |
| £165,000 | 22 Sep 2017 |
| £134,500 | 24 Mar 2017 |
| £129,000 | 24 Aug 2007 |
| £96,000 | 18 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2021 the House Price Index for SUFFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £195,000 results in an estimated price of approximately £210,465.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £195,000 | £15,465 | £210,465 |
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 | 11.346 % | £22,124 | £217,124 |
| 3 Month Average | 1.505 % | £2,935 | £197,935 |
| 6 Month Average | -4.461 % | £-8,698 | £186,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £140,000 | £140,000 | 26 WILLOW CLOSE |
| 5 Sep 2023 | £173,832 | £170,000 | 25 WILLOW CLOSE |
| 11 Aug 2023 | £183,306 | £180,000 | 15A SPRUCE DRIVE |
| 31 Jan 2023 | £225,603 | £225,000 | 23 WILLOW CLOSE |
| 31 Jan 2023 | £165,442 | £165,000 | 33 SPRUCE DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 27 Jan 2017. Using an estimated price of £210,465 means this house is valued at £3,394 per sq meter (£315 per sq foot).
The average size of a house on WILLOW CLOSE is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Cedar Way |
| Sep 2024 | Drugs | Under investigation | On or near Cedar Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Tree Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Close |
| Oct 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Cherry Tree Close |