£614,226
This estimated value is based upon the latest sale price for the house of £485,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £485,000 | 8 Dec 2017 |
| £315,000 | 15 Jun 2012 |
| £308,000 | 7 May 2008 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,277 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 December 2017 the House Price Index for SUFFOLK was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £485,000 results in an estimated price of approximately £614,226.
| 8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £485,000 | £129,226 | £614,226 |
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 | 0.317 % | £1,536 | £486,536 |
| 3 Month Average | 23.848 % | £115,660 | £600,660 |
| 6 Month Average | 17.597 % | £85,344 | £570,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £277,500 | £277,500 | 11 AIRFIELD ROAD |
| 14 Mar 2024 | £274,213 | £270,000 | 47 JUNIPER ROAD |
| 30 Nov 2023 | £173,402 | £169,000 | 4 OXLIP HOUSE AIRFIELD ROAD |
| 16 Oct 2023 | £153,486 | £150,000 | 18 JUNIPER ROAD |
| 27 Sep 2023 | £143,156 | £140,000 | 50 OXLIP HOUSE AIRFIELD ROAD |
This house has a floor area of 118 sq meters or 1,277 sq feet when measured on 9 Mar 2012. Using an estimated price of £614,227 means this house is valued at £5,174 per sq meter (£480 per sq foot).
The average size of a house on AIRFIELD ROAD is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Liberty Close |
| Aug 2024 | Anti-social behaviour | On or near Liberty Close | |
| Aug 2024 | Anti-social behaviour | On or near Liberty Close | |
| Aug 2024 | Anti-social behaviour | On or near Liberty Close | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Drive |