£555,566
This estimated value is based upon the latest sale price for the house of £550,000 on 12 Jul 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £550,000 | 12 Jul 2022 |
| £480,000 | 7 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2022 the House Price Index for SUFFOLK was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £550,000 results in an estimated price of approximately £555,566.
| 12 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £550,000 | £5,566 | £555,566 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 34.529 % | £189,910 | £739,910 |
| 3 Month Average | -2.769 % | £-15,228 | £534,771 |
| 6 Month Average | -3.798 % | £-20,888 | £529,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £278,560 | £270,000 | 15 KENDAL GREEN |
| 23 Nov 2023 | £400,158 | £390,000 | 30 KENDAL GREEN |
| 17 Nov 2023 | £299,605 | £292,000 | 2 CUMBERLAND CLOSE |
| 15 Feb 2023 | £322,152 | £320,000 | 6 BUTTERMERE GREEN |
| 12 Jul 2022 | £555,567 | £550,000 | 2 WRENS PARK |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 24 Aug 2020. Using an estimated price of £555,567 means this house is valued at £4,748 per sq meter (£441 per sq foot).
There is one other house on the street which we know the size of, this is 1 WRENS PARK it is 137.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Under investigation | On or near Hollybush Drive |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rues Farm Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmhill Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmhill Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Monks Close |