£295,387
This estimated value is based upon the latest sale price for the house of £265,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £265,000 | 15 Oct 2021 |
| £162,500 | 23 Oct 2020 |
| £104,995 | 18 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2021 the House Price Index for SUFFOLK was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £265,000 results in an estimated price of approximately £295,387.
| 15 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £265,000 | £30,387 | £295,387 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 12.802 % | £33,924 | £298,924 |
| 3 Month Average | 32.230 % | £85,409 | £350,409 |
| 6 Month Average | -9.236 % | £-24,475 | £240,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £324,986 | £315,000 | 23 HEATHBELL ROAD |
| 9 Nov 2022 | £209,023 | £210,000 | FLAT 14 BRYNTIRION COURT CHEVELEY ROAD |
| 21 Jun 2022 | £178,823 | £175,000 | FLAT 3 BRYNTIRION COURT CHEVELEY ROAD |
| 29 Mar 2022 | £342,410 | £328,000 | 15 HEATHBELL ROAD |
| 22 Feb 2022 | £332,784 | £315,000 | 4 HEATHBELL ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 23 Sep 2020. Using an estimated price of £295,387 means this house is valued at £2,709 per sq meter (£251 per sq foot).
The average size of a house on NEW CHEVELEY ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheveley Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stanley Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stanley Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Whitegates |
| Nov 2024 | Anti-social behaviour | On or near Whitegates |