£188,732
This estimated value is based upon the latest sale price for the house of £52,000 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £52,000 | 1 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 46 sq meters or 505 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 2000 the House Price Index for SUFFOLK was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £52,000 results in an estimated price of approximately £188,732.
| 1 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 149.7 | 262.947 % | £52,000 | £136,732 | £188,732 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 246.264 % | £128,057 | £180,057 |
| 3 Month Average | 176.264 % | £91,657 | £143,657 |
| 6 Month Average | 243.303 % | £126,517 | £178,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £245,578 | £240,000 | 18 HILLSIDE |
| 25 Aug 2023 | £320,786 | £315,000 | 57A OAKLANDS DRIVE |
| 25 Aug 2023 | £252,046 | £247,500 | 37 HILLSIDE |
| 2 Jun 2023 | £234,703 | £230,000 | 19 HILLSIDE |
| 6 Feb 2023 | £310,071 | £308,000 | 22 HILLSIDE |
This house has a floor area of 46 sq meters or 505 sq feet when measured on 24 Jan 2009. Using an estimated price of £188,732 means this house is valued at £4,019 per sq meter (£373 per sq foot).
The average size of a house on OAKLANDS DRIVE is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Local resolution | On or near Oaklands Drive |
| Jun 2024 | Other crime | Awaiting court outcome | On or near Woodlands Rise |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cunningham Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hillside |
| May 2024 | Public order | Under investigation | On or near Brandon Road |