£264,973
This estimated value is based upon the latest sale price for the house of £213,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £213,000 | 14 Sep 2018 |
| £121,950 | 29 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2018 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £213,000 results in an estimated price of approximately £264,973.
| 14 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £213,000 | £51,973 | £264,973 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 20.614 % | £43,908 | £256,908 |
| 3 Month Average | 22.588 % | £48,112 | £261,112 |
| 6 Month Average | 22.108 % | £47,090 | £260,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £324,986 | £315,000 | 12 SHEARWATER WAY |
| 23 Oct 2023 | £255,810 | £250,000 | 4 BLACKBIRD WAY |
| 6 Oct 2023 | £332,553 | £325,000 | 22 SHEARWATER WAY |
| 24 Feb 2023 | £427,858 | £425,000 | 16 SHEARWATER WAY |
| 8 Jul 2022 | £282,834 | £280,000 | 4 MAGPIE COURT |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 17 Apr 2018. Using an estimated price of £264,973 means this house is valued at £3,629 per sq meter (£337 per sq foot).
The average size of a house on SHEARWATER WAY is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Sheerwater Way |
| Oct 2024 | Public order | Under investigation | On or near Sheerwater Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sheerwater Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swift Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robin Close |