£262,229
This estimated value is based upon the latest sale price for the house of £257,500 on 31 Aug 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£257,500 | 31 Aug 2023 |
£219,000 | 30 Oct 2017 |
£163,000 | 26 Sep 2012 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 August 2023 the House Price Index for SUFFOLK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £257,500 results in an estimated price of approximately £262,229.
31 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £257,500 | £4,729 | £262,229 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | -13.150 % | £-33,860 | £223,639 |
3 Month Average | -11.041 % | £-28,431 | £229,068 |
6 Month Average | -6.268 % | £-16,138 | £241,361 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £89,881 | £88,500 | FLAT 1 12 RAPIER STREET |
29 Sep 2023 | £186,102 | £182,000 | 5 BRICKFIELD CLOSE |
31 Aug 2023 | £262,230 | £257,500 | 17 HAWES STREET |
8 Mar 2023 | £114,411 | £112,500 | 7 GRIFFIN COURT |
6 Jan 2023 | £117,313 | £117,000 | 2 GRIFFIN COURT |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Sep 2012. Using an estimated price of £262,230 means this house is valued at £2,570 per sq meter (£238 per sq foot).
The average size of a house on HAWES STREET is 106 sq meters (1,147 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Holden Close | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Gresley Gardens |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gresley Gardens |
May 2024 | Theft from the person | Unable to prosecute suspect | On or near Gresley Gardens |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gresley Gardens |