£276,874
This estimated value is based upon the latest sale price for the house of £224,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Shortlands
More crime details
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| Price Paid | Date |
|---|---|
| £224,000 | 20 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 September 2019 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £224,000 results in an estimated price of approximately £276,874.
| 20 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £224,000 | £52,874 | £276,874 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | 14.796 % | £33,142 | £257,142 |
| 3 Month Average | 22.332 % | £50,024 | £274,024 |
| 6 Month Average | 14.068 % | £31,513 | £255,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £335,303 | £325,000 | 32 BELMONT ROAD |
| 6 Oct 2023 | £516,736 | £505,000 | 22 BELMONT ROAD |
| 6 Feb 2023 | £221,479 | £220,000 | 15 DASHWOOD CLOSE |
| 13 Jan 2023 | £273,731 | £273,000 | 11 APPLEBY CLOSE |
| 26 Nov 2021 | £294,170 | £270,000 | 22 DASHWOOD CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 23 Jan 2019. Using an estimated price of £276,874 means this house is valued at £4,944 per sq meter (£459 per sq foot).
The average size of a house on SHORTLANDS is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Shortlands |
| Jun 2024 | Public order | Under investigation | On or near Dashwood Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Dashwood Close |
| Apr 2024 | Anti-social behaviour | On or near Wardley Close | |
| Apr 2024 | Anti-social behaviour | On or near Wardley Close |