£436,476
This estimated value is based upon the latest sale price for the house of £250,000 on 21 Jun 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 21 Jun 2011 |
| £177,000 | 30 Oct 2003 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 June 2011 the House Price Index for SUFFOLK was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £250,000 results in an estimated price of approximately £436,476.
| 21 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £250,000 | £186,476 | £436,476 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | 140.252 % | £350,629 | £600,629 |
| 3 Month Average | 101.779 % | £254,447 | £504,447 |
| 6 Month Average | 66.531 % | £166,326 | £416,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £460,143 | £450,000 | 46 BROOK FARM ROAD |
| 8 Sep 2023 | £357,889 | £350,000 | 2 LONG AVENUE |
| 2 Jun 2023 | £382,669 | £375,000 | 15 MILTON CLOSE |
| 29 Mar 2023 | £416,963 | £410,000 | 6 BRIGHT CLOSE |
| 22 Aug 2022 | £371,738 | £370,000 | 6 KEATS CLOSE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 11 Feb 2015. Using an estimated price of £436,476 means this house is valued at £2,762 per sq meter (£256 per sq foot).
The average size of a house on LONG AVENUE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Ashfords Close |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Bittern Road |