£282,337
This estimated value is based upon the latest sale price for the house of £278,000 on 4 Mar 2024. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£278,000 | 4 Mar 2024 |
£277,000 | 8 Jul 2022 |
£160,000 | 16 Jun 2017 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 March 2024 the House Price Index for SUFFOLK was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £278,000 results in an estimated price of approximately £282,337.
4 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £278,000 | £4,337 | £282,337 |
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 | -24.889 % | £-69,192 | £208,807 |
3 Month Average | -15.264 % | £-42,435 | £235,564 |
6 Month Average | -9.861 % | £-27,412 | £250,587 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £282,338 | £278,000 | 39 SAFFRON CLOSE |
13 Dec 2023 | £196,023 | £190,000 | 99 ROWAN DRIVE |
25 Aug 2023 | £178,214 | £175,000 | 203 LONDON ROAD |
21 Mar 2023 | £223,736 | £220,000 | 14 CORONATION PLACE |
17 Feb 2023 | £201,345 | £200,000 | 93 ROWAN DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Jan 2015. Using an estimated price of £282,338 means this house is valued at £3,361 per sq meter (£312 per sq foot).
The average size of a house on SAFFRON CLOSE is 114 sq meters (1,234 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Parsons Close |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Parsons Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parsons Close |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Sweden Place |
Oct 2024 | Public order | Under investigation | On or near Sweden Place |