£253,470
This estimated value is based upon the latest sale price for the house of £204,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £204,000 | 5 Jul 2019 |
| £185,000 | 13 May 2016 |
| £150,000 | 10 Aug 2007 |
| Terraced |
| 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 July 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £204,000 results in an estimated price of approximately £253,470.
| 5 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £204,000 | £49,470 | £253,470 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 9.795 % | £19,982 | £223,982 |
| 3 Month Average | 13.131 % | £26,787 | £230,787 |
| 6 Month Average | 21.695 % | £44,257 | £248,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £264,057 | £260,000 | 111 JOVIAN WAY |
| 20 Dec 2023 | £216,142 | £209,500 | 99 JOVIAN WAY |
| 27 Oct 2023 | £211,811 | £207,000 | 88 SPROUGHTON ROAD |
| 20 Oct 2023 | £273,205 | £267,000 | 3 JOVIAN WAY |
| 17 Mar 2023 | £139,835 | £137,500 | FLAT 5 2 JOVIAN WAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 27 Nov 2015. Using an estimated price of £253,471 means this house is valued at £2,847 per sq meter (£264 per sq foot).
The average size of a house on THEBE CLOSE is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thebe Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thebe Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thebe Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thebe Close |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Jovian Way |