£282,673
This estimated value is based upon the latest sale price for the house of £280,000 on 31 Jul 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£280,000 | 31 Jul 2023 |
£225,000 | 5 Sep 2019 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 2023 the House Price Index for SUFFOLK was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £280,000 results in an estimated price of approximately £282,673.
31 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.0 | 0.955 % | £280,000 | £2,673 | £282,673 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | -22.243 % | £-62,279 | £217,720 |
3 Month Average | -5.057 % | £-14,160 | £265,839 |
6 Month Average | -3.584 % | £-10,035 | £269,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £282,674 | £280,000 | 25 FARRER DRIVE |
24 Jun 2022 | £272,764 | £270,000 | 23 HOBART WAY |
6 May 2022 | £267,984 | £264,000 | 33 FARRER DRIVE |
31 Mar 2022 | £213,640 | £207,000 | 4 MOLEYNS CLOSE |
4 Aug 2021 | £274,444 | £247,000 | 21 FARRER DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 15 Aug 2019. Using an estimated price of £282,674 means this house is valued at £4,096 per sq meter (£380 per sq foot).
The average size of a house on FARRER DRIVE is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Vallibus Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Pritchard Close |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pritchard Close |
Feb 2024 | Public order | Local resolution | On or near Pritchard Close |
Apr 2024 | Anti-social behaviour | On or near Kearney Drive |