£250,202
This estimated value is based upon the latest sale price for the house of £187,500 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£187,500 | 14 Oct 2016 |
£138,000 | 6 May 2011 |
£144,500 | 6 Apr 2008 |
£62,000 | 23 Nov 1999 |
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 October 2016 the House Price Index for SUFFOLK was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £187,500 results in an estimated price of approximately £250,202.
14 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £187,500 | £62,702 | £250,202 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | -14.758 % | £-27,670 | £159,829 |
3 Month Average | 16.210 % | £30,394 | £217,894 |
6 Month Average | 11.039 % | £20,698 | £208,198 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jul 2024 | £212,000 | £212,000 | 15 ACORN CLOSE |
27 Oct 2023 | £204,648 | £200,000 | 24 FIR TREE RISE |
15 Sep 2023 | £243,876 | £238,500 | 24 ACORN CLOSE |
29 Aug 2023 | £274,959 | £270,000 | 41 WILMSLOW DRIVE |
2 Sep 2022 | £227,348 | £227,500 | 4 ACORN CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Jun 2019. Using an estimated price of £250,202 means this house is valued at £2,943 per sq meter (£273 per sq foot).
The average size of a house on WILMSLOW DRIVE is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Mottram Close |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shotley Close |
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Shotley Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acer Grove |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acer Grove |