£333,954
This estimated value is based upon the latest sale price for the house of £267,500 on 30 Jul 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£267,500 | 30 Jul 2018 |
£230,000 | 11 Mar 2014 |
Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 July 2018 the House Price Index for SUFFOLK was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £267,500 results in an estimated price of approximately £333,954.
30 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £267,500 | £66,454 | £333,954 |
The Postcode Pricing Model uses changes in average sales price within the IP23 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 | -29.766 % | £-79,623 | £187,876 |
3 Month Average | -5.003 % | £-13,383 | £254,116 |
6 Month Average | 26.335 % | £70,445 | £337,945 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £213,857 | £212,000 | 19 HIGHFIELD |
18 Oct 2023 | £240,461 | £235,000 | 1 MILL HOUSE, 25 CASTLETON WAY |
5 Oct 2023 | £332,553 | £325,000 | 5 DANIEL GARDENS |
30 Jun 2023 | £285,726 | £280,000 | 27 MAGDALEN STREET |
4 Apr 2023 | £336,290 | £330,000 | 16 HIGHFIELD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 17 Jan 2014. Using an estimated price of £333,955 means this house is valued at £3,629 per sq meter (£337 per sq foot).
The average size of a house on CASTLETON WAY is 118 sq meters (1,278 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Daniel Gardens |
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Daniel Gardens |
Jul 2024 | Anti-social behaviour | On or near Highfield | |
Jul 2024 | Anti-social behaviour | On or near Highfield | |
Jul 2024 | Anti-social behaviour | On or near Highfield |