£263,620
This estimated value is based upon the latest sale price for the house of £244,250 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £244,250 | 10 Dec 2021 |
| £63,000 | 10 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2021 the House Price Index for SUFFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £244,250 results in an estimated price of approximately £263,620.
| 10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £244,250 | £19,370 | £263,620 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | -39.579 % | £-96,672 | £147,577 |
| 3 Month Average | -15.053 % | £-36,766 | £207,483 |
| 6 Month Average | -0.223 % | £-543 | £243,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2024 | £287,000 | £287,000 | 8 WAVENEY CLOSE |
| 22 Sep 2023 | £250,523 | £245,000 | 25 FAIRFIELD ROAD |
| 23 Feb 2023 | £926,187 | £920,000 | 6 NORTH ENTRANCE |
| 6 Jan 2023 | £225,603 | £225,000 | ROSEMARY COTTAGE MARKET PLACE |
| 1 Aug 2022 | £160,752 | £160,000 | 5 FAIRFIELD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 2 Aug 2021. Using an estimated price of £263,621 means this house is valued at £2,804 per sq meter (£260 per sq foot).
The average size of a house on NORTH ENTRANCE is 208 sq meters (2,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lambsale Meadow |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Entrance |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near North Entrance |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near North Entrance |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near The Spinney |