£715,290
This estimated value is based upon the latest sale price for the house of £700,000 on 10 Jun 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £700,000 | 10 Jun 2022 |
| £190,000 | 16 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 June 2022 the House Price Index for SUFFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £700,000 results in an estimated price of approximately £715,290.
| 10 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £700,000 | £15,290 | £715,290 |
The Postcode Pricing Model uses changes in average sales price within the IP15 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 | -39.695 % | £-277,862 | £422,137 |
| 3 Month Average | -49.495 % | £-346,465 | £353,534 |
| 6 Month Average | -10.834 % | £-75,841 | £624,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £701,557 | £680,000 | 7 THE SANDLINGS |
| 30 Nov 2023 | £471,981 | £460,000 | 10 SILVER DRIVE |
| 31 Oct 2023 | £521,852 | £510,000 | 12 THE FAIRWAY |
| 27 Jan 2023 | £556,487 | £555,000 | 6 LINDEN ROAD |
| 25 Jan 2023 | £601,607 | £600,000 | 3 THE CHIPPINGS |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 28 May 2012. Using an estimated price of £715,290 means this house is valued at £3,973 per sq meter (£369 per sq foot).
The average size of a house on SILVER DRIVE is 118 sq meters (1,279 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklin Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Franklin Close |
| Aug 2024 | Anti-social behaviour | On or near Cherry Green | |
| Aug 2024 | Anti-social behaviour | On or near Cherry Green | |
| Aug 2024 | Anti-social behaviour | On or near Cherry Green |