£349,442
This estimated value is based upon the latest sale price for the house of £205,500 on 21 Feb 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £205,500 | 21 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 February 2013 the House Price Index for SUFFOLK was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £205,500 results in an estimated price of approximately £349,442.
| 21 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £205,500 | £143,942 | £349,442 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | 58.668 % | £120,561 | £326,061 |
| 3 Month Average | 70.963 % | £145,829 | £351,329 |
| 6 Month Average | 72.159 % | £148,286 | £353,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £250,000 | £250,000 | 27 LAXFIELD WAY |
| 20 Dec 2023 | £185,706 | £180,000 | 14 UBBESTON WAY |
| 8 Dec 2023 | £185,706 | £180,000 | 3 LAXFIELD WAY |
| 10 Nov 2023 | £221,113 | £215,500 | 25 LAXFIELD WAY |
| 4 Sep 2023 | £186,102 | £182,000 | 180 STRADBROKE ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 8 Oct 2012. Using an estimated price of £349,443 means this house is valued at £2,887 per sq meter (£268 per sq foot).
The average size of a house on THORNHAM CLOSE is 172 sq meters (1,855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stradbroke Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Stradbroke Road |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Aspinall Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aspinall Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Aspinall Close |