£208,117
This estimated value is based upon the latest sale price for the house of £180,000 on 21 Dec 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £180,000 | 21 Dec 2020 |
| £140,000 | 23 Jan 2008 |
| £116,500 | 10 Jun 2005 |
| £103,500 | 2 May 2003 |
| £44,750 | 13 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2020 the House Price Index for SUFFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £180,000 results in an estimated price of approximately £208,117.
| 21 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £180,000 | £28,117 | £208,117 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 10.803 % | £19,444 | £199,444 |
| 3 Month Average | 6.316 % | £11,367 | £191,367 |
| 6 Month Average | 14.902 % | £26,823 | £206,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £231,547 | £230,000 | 16 LAVENHAM WAY |
| 2 Sep 2022 | £274,816 | £275,000 | 6 HESSETT CLOSE |
| 17 Jun 2022 | £255,461 | £250,000 | 40 LAVENHAM WAY |
| 8 Apr 2022 | £222,527 | £214,500 | 61 LAVENHAM WAY |
| 8 Feb 2022 | £158,997 | £150,500 | 34 FLATFORD CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 16 Jun 2020. Using an estimated price of £208,118 means this house is valued at £3,588 per sq meter (£333 per sq foot).
The average size of a house on HESSETT CLOSE is 65 sq meters (708 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hessett Close |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hessett Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Hessett Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hessett Close |
| Oct 2024 | Anti-social behaviour | On or near Hartest Way |