£361,331
This estimated value is based upon the latest sale price for the house of £300,000 on 23 Mar 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 23 Mar 2020 |
| £279,950 | 18 Mar 2016 |
| £210,000 | 29 Jun 2012 |
| £248,000 | 29 Feb 2008 |
| £201,950 | 29 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 March 2020 the House Price Index for SUFFOLK was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £300,000 results in an estimated price of approximately £361,331.
| 23 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £300,000 | £61,331 | £361,331 |
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 | 5.674 % | £17,021 | £317,021 |
| 3 Month Average | 14.425 % | £43,275 | £343,275 |
| 6 Month Average | 17.750 % | £53,250 | £353,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £354,775 | £350,000 | 36 TOWNSEND WAY |
| 31 Jul 2023 | £283,820 | £280,000 | 10 DIPROSE DRIVE |
| 7 Jul 2023 | £271,656 | £268,000 | 36 DIPROSE DRIVE |
| 22 Mar 2023 | £224,616 | £222,500 | 1 WAINWRIGHT CLOSE |
| 1 Jun 2022 | £438,193 | £432,000 | 16 ROWNTREE CLOSE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 5 Jun 2018. Using an estimated price of £361,331 means this house is valued at £2,618 per sq meter (£243 per sq foot).
The average size of a house on TOWNSEND WAY is 111 sq meters (1,195 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townsend Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dawson Mews |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wainwright Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wainwright Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Guscott Close |