£492,501
This estimated value is based upon the latest sale price for the house of £480,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £480,000 | 17 Nov 2023 |
| £330,000 | 19 Nov 2020 |
| £247,500 | 25 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 November 2023 the House Price Index for SUFFOLK was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £480,000 results in an estimated price of approximately £492,501.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £480,000 | £12,501 | £492,501 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 21.459 % | £103,002 | £583,002 |
| 3 Month Average | -12.086 % | £-58,011 | £421,988 |
| 6 Month Average | -7.172 % | £-34,427 | £445,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £479,161 | £475,000 | 14 NEWRY AVENUE |
| 18 Apr 2024 | £494,292 | £490,000 | 2 THE CHASE |
| 25 Mar 2024 | £365,617 | £360,000 | 57 VALLEY WALK |
| 1 Dec 2023 | £386,888 | £375,000 | 32 NEWRY AVENUE |
| 28 Nov 2023 | £387,845 | £378,000 | 67 VALLEY WALK |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 11 Jul 2017. Using an estimated price of £492,502 means this house is valued at £3,847 per sq meter (£357 per sq foot).
The average size of a house on NEWRY AVENUE is 168 sq meters (1,810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near The Chase |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Chase |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goyfield Avenue |
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Shrubbery Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Shrubbery Close |