£348,846
This estimated value is based upon the latest sale price for the house of £103,750 on 24 Jul 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £103,750 | 24 Jul 2001 |
| £65,500 | 27 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2001 the House Price Index for SUFFOLK was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £103,750 results in an estimated price of approximately £348,846.
| 24 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £103,750 | £245,096 | £348,846 |
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 | 73.066 % | £75,806 | £179,556 |
| 3 Month Average | 172.097 % | £178,550 | £282,300 |
| 6 Month Average | 198.877 % | £206,334 | £310,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £400,116 | £395,000 | 17 SHEERWATER CLOSE |
| 29 Aug 2023 | £299,621 | £297,000 | 4 DARBY CLOSE |
| 7 Jul 2022 | £221,597 | £221,000 | 22 COBB CLOSE |
| 10 Sep 2021 | £287,717 | £267,000 | 21 COBB CLOSE |
| 29 Jun 2021 | £355,406 | £331,250 | 14 DARBY CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 14 Feb 2019. Using an estimated price of £348,846 means this house is valued at £4,845 per sq meter (£450 per sq foot).
The average size of a house on SHEERWATER CLOSE is 117 sq meters (1,262 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sheerwater Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Broomley Green Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Manning Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manning Road |