£409,016
This estimated value is based upon the latest sale price for the house of £400,000 on 6 Sep 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £400,000 | 6 Sep 2023 |
| £380,000 | 17 Apr 2019 |
| £183,500 | 24 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 September 2023 the House Price Index for SUFFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £400,000 results in an estimated price of approximately £409,016.
| 6 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £400,000 | £9,016 | £409,016 |
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 | -42.496 % | £-169,982 | £230,018 |
| 3 Month Average | -13.837 % | £-55,349 | £344,650 |
| 6 Month Average | -12.987 % | £-51,946 | £348,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £250,000 | £250,000 | 14 BALMORAL CLOSE |
| 27 Oct 2023 | £133,021 | £130,000 | 28 DOWNING CLOSE |
| 28 Sep 2023 | £337,439 | £330,000 | 45 SANDRINGHAM CLOSE |
| 6 Sep 2023 | £409,016 | £400,000 | 38 HOLYROOD CLOSE |
| 2 Jun 2023 | £415,833 | £407,500 | 42 BALMORAL CLOSE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 3 Mar 2016. Using an estimated price of £409,016 means this house is valued at £3,380 per sq meter (£314 per sq foot).
The average size of a house on HOLYROOD CLOSE is 107 sq meters (1,154 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Balmoral Close |
| Aug 2024 | Anti-social behaviour | On or near Balmoral Close | |
| Aug 2024 | Anti-social behaviour | On or near Balmoral Close | |
| Aug 2024 | Anti-social behaviour | On or near Balmoral Close | |
| Oct 2024 | Criminal damage and arson | Local resolution | On or near Downing Close |