£463,109
This estimated value is based upon the latest sale price for the house of £400,000 on 9 Jul 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£400,000 | 9 Jul 2021 |
£218,500 | 29 Jun 2011 |
Detached |
Freehold |
Floor Area: 142 sq meters or 1,528 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 July 2021 the House Price Index for SUFFOLK was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £400,000 results in an estimated price of approximately £463,109.
9 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £400,000 | £63,109 | £463,109 |
The Postcode Pricing Model uses changes in average sales price within the IP23 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 | 1.516 % | £6,064 | £406,064 |
3 Month Average | -9.232 % | £-36,929 | £363,070 |
6 Month Average | -3.364 % | £-13,457 | £386,542 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £213,857 | £212,000 | 19 HIGHFIELD |
18 Oct 2023 | £240,461 | £235,000 | 1 MILL HOUSE, 25 CASTLETON WAY |
5 Oct 2023 | £332,553 | £325,000 | 5 DANIEL GARDENS |
30 Jun 2023 | £285,726 | £280,000 | 27 MAGDALEN STREET |
4 Apr 2023 | £336,290 | £330,000 | 16 HIGHFIELD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 27 Jan 2020. Using an estimated price of £463,109 means this house is valued at £3,261 per sq meter (£302 per sq foot).
The average size of a house on CASTLETON WAY is 118 sq meters (1,278 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Daniel Gardens |
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Daniel Gardens |
Jul 2024 | Anti-social behaviour | On or near Highfield | |
Jul 2024 | Anti-social behaviour | On or near Highfield | |
Jul 2024 | Anti-social behaviour | On or near Highfield |