£305,065
This estimated value is based upon the latest sale price for the house of £280,000 on 9 Nov 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £280,000 | 9 Nov 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 November 2021 the House Price Index for SUFFOLK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £280,000 results in an estimated price of approximately £305,065.
| 9 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £280,000 | £25,065 | £305,065 |
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 | 10.773 % | £30,163 | £310,163 |
| 3 Month Average | 8.322 % | £23,301 | £303,301 |
| 6 Month Average | -6.226 % | £-17,432 | £262,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £243,745 | £240,000 | 25 WIGMORE CLOSE |
| 22 Nov 2023 | £174,428 | £170,000 | 13 GLASTONBURY CLOSE |
| 29 Sep 2023 | £276,086 | £270,000 | 5 ABINGDON CLOSE |
| 12 Apr 2023 | £259,860 | £255,000 | 26 FOUNTAINS ROAD |
| 1 Mar 2023 | £264,416 | £260,000 | 28 FOUNTAINS ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 27 May 2021. Using an estimated price of £305,065 means this house is valued at £3,547 per sq meter (£329 per sq foot).
The average size of a house on WIGMORE CLOSE is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Wigmore Close |
| Nov 2024 | Other crime | Under investigation | On or near Wigmore Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lindisfarne Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lindisfarne Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lindisfarne Close |