£271,037
This estimated value is based upon the latest sale price for the house of £127,000 on 22 Jan 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £127,000 | 22 Jan 2004 |
| £127,000 | 22 Jan 2004 |
| £61,500 | 16 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2004 the House Price Index for SUFFOLK was 69.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 113.416%.Applying this 113.416% change to the original purchase price of £127,000 results in an estimated price of approximately £271,037.
| 22 Jan 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.0 | 113.416 % | £127,000 | £144,037 | £271,037 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | 105.322 % | £133,759 | £260,759 |
| 3 Month Average | 67.899 % | £86,231 | £213,231 |
| 6 Month Average | 113.000 % | £143,509 | £270,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £326,171 | £320,000 | 4 BUTTERCUP CLOSE |
| 3 Nov 2022 | £181,556 | £184,500 | 20 YEW TREE RISE |
| 28 Oct 2022 | £219,241 | £222,500 | 30 BUTTERCUP CLOSE |
| 2 Sep 2022 | £224,766 | £227,500 | 4 ACORN CLOSE |
| 28 Jul 2022 | £219,703 | £220,000 | 24 BUTTERCUP CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Apr 2016. Using an estimated price of £271,038 means this house is valued at £3,188 per sq meter (£296 per sq foot).
The average size of a house on BUTTERCUP CLOSE is 62 sq meters (677 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acer Grove |
| Apr 2024 | Anti-social behaviour | On or near Acer Grove | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Acer Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Acer Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acer Grove |