£515,645
This estimated value is based upon the latest sale price for the house of £475,000 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £475,000 | 10 Sep 2021 |
| £292,500 | 17 Aug 2005 |
| £117,000 | 14 Aug 1997 |
| 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 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £475,000 results in an estimated price of approximately £515,645.
| 10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £475,000 | £40,645 | £515,645 |
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 | 42.325 % | £201,042 | £676,042 |
| 3 Month Average | 19.917 % | £94,607 | £569,607 |
| 6 Month Average | 10.045 % | £47,712 | £522,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2024 | £287,000 | £287,000 | 8 WAVENEY CLOSE |
| 31 Mar 2023 | £238,991 | £235,000 | 21 HENLEY CLOSE |
| 11 Nov 2022 | £467,813 | £470,000 | 2 FAIRFIELD HOUSE GARDENS |
| 27 Sep 2021 | £200,830 | £185,000 | 27 DEBEN ROAD |
| 10 Sep 2021 | £515,645 | £475,000 | 4 FAIRFIELD HOUSE GARDENS |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 10 Jun 2021. Using an estimated price of £515,645 means this house is valued at £4,261 per sq meter (£395 per sq foot).
The average size of a house on FAIRFIELD HOUSE GARDENS is 161 sq meters (1,732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stour Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Henley Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Henley Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Henley Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Henley Close |