£212,671
This estimated value is based upon the latest sale price for the house of £205,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £205,000 | 14 Apr 2022 |
| £118,000 | 14 Sep 2006 |
| Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 April 2022 the House Price Index for SUFFOLK was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £205,000 results in an estimated price of approximately £212,671.
| 14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £205,000 | £7,671 | £212,671 |
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 | 20.883 % | £42,809 | £247,809 |
| 3 Month Average | 7.251 % | £14,864 | £219,864 |
| 6 Month Average | -2.690 % | £-5,515 | £199,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £243,745 | £240,000 | 11 FALCON DRIVE |
| 23 Nov 2023 | £369,376 | £360,000 | 27 KESTREL DRIVE |
| 8 Aug 2023 | £320,786 | £315,000 | 1 LARK CLOSE |
| 17 Mar 2023 | £305,095 | £300,000 | 36 FALCON DRIVE |
| 28 Feb 2023 | £279,366 | £277,500 | 2 KESTREL DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 19 Aug 2014. Using an estimated price of £212,671 means this house is valued at £4,253 per sq meter (£395 per sq foot).
The average size of a house on FALCON DRIVE is 89 sq meters (958 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Nightingale Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kestrel Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kestrel Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Heron Avenue |
| Jul 2024 | Anti-social behaviour | On or near Woodcock Rise |