£373,455
This estimated value is based upon the latest sale price for the house of £323,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £323,000 | 18 Dec 2020 |
| £215,000 | 21 Apr 2006 |
| £144,000 | 14 Dec 2001 |
| £82,950 | 6 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2020 the House Price Index for SUFFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £323,000 results in an estimated price of approximately £373,455.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £323,000 | £50,455 | £373,455 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | -23.668 % | £-76,447 | £246,552 |
| 3 Month Average | -6.945 % | £-22,433 | £300,566 |
| 6 Month Average | -8.892 % | £-28,721 | £294,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £384,475 | £376,000 | 34 CHERRY BLOSSOM CLOSE |
| 27 Jan 2023 | £295,790 | £295,000 | 17 BROAD MEADOW |
| 10 Dec 2021 | £259,034 | £240,000 | 29 BROAD MEADOW |
| 28 Oct 2021 | £420,787 | £377,500 | 5 WARD ROAD |
| 18 Dec 2020 | £373,456 | £323,000 | 25 CHERRY BLOSSOM CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 13 May 2016. Using an estimated price of £373,456 means this house is valued at £3,275 per sq meter (£304 per sq foot).
The average size of a house on CHERRY BLOSSOM CLOSE is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Blossom Close |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cherry Blossom Close |
| Sep 2024 | Public order | Under investigation | On or near Cherry Blossom Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cherry Blossom Close |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Cherry Blossom Close |