£493,990
This estimated value is based upon the latest sale price for the house of £327,500 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£327,500 | 11 Jul 2014 |
£225,000 | 31 Jul 2002 |
Detached |
Freehold |
Floor Area: 198 sq meters or 2,131 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 July 2014 the House Price Index for SUFFOLK was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £327,500 results in an estimated price of approximately £493,990.
11 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 146.7 | 50.837 % | £327,500 | £166,490 | £493,990 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 111.854 % | £366,323 | £693,823 |
3 Month Average | 63.697 % | £208,607 | £536,107 |
6 Month Average | 58.625 % | £191,997 | £519,497 |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 2 May 2013.
The average size of a house on GLEBE CLOSE is 198 sq meters (2,137 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glebe Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near A47 |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Europa Road |