£279,563
This estimated value is based upon the latest sale price for the house of £225,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £225,000 | 19 Jul 2019 |
| £220,000 | 28 Jun 2019 |
| £170,000 | 24 Nov 2010 |
| £162,000 | 26 Feb 2007 |
| £91,500 | 30 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £225,000 results in an estimated price of approximately £279,563.
| 19 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £225,000 | £54,563 | £279,563 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 23.507 % | £52,890 | £277,890 |
| 3 Month Average | 10.173 % | £22,888 | £247,888 |
| 6 Month Average | -3.776 % | £-8,496 | £216,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £235,990 | £230,000 | 7 PROVAN COURT |
| 10 Nov 2023 | £174,428 | £170,000 | 19 PROVAN COURT |
| 1 Sep 2023 | £327,213 | £320,000 | 294 FELIXSTOWE ROAD |
| 8 Jun 2022 | £296,334 | £290,000 | 135 CAMDEN ROAD |
| 17 Dec 2021 | £269,827 | £250,000 | 258 FELIXSTOWE ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 27 Apr 2010. Using an estimated price of £279,564 means this house is valued at £2,637 per sq meter (£245 per sq foot).
The average size of a house on MALVERN CLOSE is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Malvern Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malvern Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malvern Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Camwood Gardens |