£248,196
This estimated value is based upon the latest sale price for the house of £145,000 on 12 Mar 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £145,000 | 12 Mar 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2010 the House Price Index for SUFFOLK was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £145,000 results in an estimated price of approximately £248,196.
| 12 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £145,000 | £103,196 | £248,196 |
The Postcode Pricing Model uses changes in average sales price within the IP19 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 | 76.445 % | £110,845 | £255,845 |
| 3 Month Average | 61.674 % | £89,427 | £234,427 |
| 6 Month Average | 56.564 % | £82,018 | £227,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £211,499 | £205,000 | 5 NIGHTINGALE CLOSE |
| 1 Dec 2023 | £239,355 | £232,000 | 119 BEDINGFIELD CRESCENT |
| 31 Oct 2023 | £192,369 | £188,000 | 109 BEDINGFIELD CRESCENT |
| 23 Jun 2023 | £214,294 | £210,000 | 4 OAK GREEN |
| 30 Aug 2022 | £296,386 | £295,000 | 76 BEDINGFIELD CRESCENT |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 28 Mar 2017. Using an estimated price of £248,197 means this house is valued at £2,788 per sq meter (£259 per sq foot).
The average size of a house on OAK WAY is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Green |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bedingfield Crescent |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bedingfield Crescent |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bedingfield Crescent |