£740,447
This estimated value is based upon the latest sale price for the house of £535,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £535,000 | 4 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 2015 the House Price Index for SUFFOLK was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £535,000 results in an estimated price of approximately £740,447.
| 4 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £535,000 | £205,447 | £740,447 |
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 | -20.680 % | £-110,640 | £424,359 |
| 3 Month Average | 18.596 % | £99,487 | £634,487 |
| 6 Month Average | 22.715 % | £121,524 | £656,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £525,784 | £518,000 | 10 WINSFORD ROAD |
| 30 Aug 2023 | £368,221 | £365,000 | 16 WINSFORD ROAD |
| 14 Aug 2023 | £764,185 | £757,500 | 2 DOWNING CLOSE |
| 30 Jun 2023 | £485,886 | £480,000 | 32 WINSFORD ROAD |
| 14 Apr 2023 | £348,755 | £345,000 | 15 SEBERT ROAD |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 14 Aug 2015. Using an estimated price of £740,447 means this house is valued at £4,487 per sq meter (£416 per sq foot).
The average size of a house on DOWNING CLOSE is 251 sq meters (2,704 sq feet).
This house is the smallest in the street with a floor area of 165 sq meters (1,776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Mount Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lawson Place |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lawson Place |
| Feb 2024 | Drugs | Local resolution | On or near Lawson Place |
| Jan 2024 | Anti-social behaviour | On or near Lawson Place |