£212,444
This estimated value is based upon the latest sale price for the house of £57,000 on 31 Aug 2000. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £57,000 | 31 Aug 2000 |
| £36,500 | 25 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 419 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 August 2000 the House Price Index for SUFFOLK was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £57,000 results in an estimated price of approximately £212,444.
| 31 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 149.7 | 272.709 % | £57,000 | £155,444 | £212,444 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 302.447 % | £172,394 | £229,394 |
| 3 Month Average | 194.808 % | £111,040 | £168,040 |
| 6 Month Average | 155.433 % | £88,596 | £145,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £569,455 | £555,000 | 9 BEDERIC CLOSE |
| 23 Oct 2023 | £286,507 | £280,000 | 31 RAEDWALD DRIVE |
| 17 Mar 2023 | £457,643 | £450,000 | 218 RAEDWALD DRIVE |
| 13 May 2022 | £390,165 | £380,000 | 15 RAEDWALD DRIVE |
| 19 Apr 2022 | £258,318 | £249,000 | 3 BERNHAM CLOSE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 15 Sep 2015. Using an estimated price of £212,444 means this house is valued at £5,447 per sq meter (£506 per sq foot).
The average size of a house on RAEDWALD DRIVE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Layhill Close |
| May 2024 | Criminal damage and arson | Formal action is not in the public interest | On or near Layhill Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bernham Close |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |