£354,953
This estimated value is based upon the latest sale price for the house of £275,000 on 13 Jun 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £275,000 | 13 Jun 2017 |
| £177,500 | 17 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 June 2017 the House Price Index for SUFFOLK was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £275,000 results in an estimated price of approximately £354,953.
| 13 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £275,000 | £79,953 | £354,953 |
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 | 22.710 % | £62,451 | £337,451 |
| 3 Month Average | 29.852 % | £82,092 | £357,092 |
| 6 Month Average | 21.101 % | £58,026 | £333,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £282,338 | £278,000 | 39 SAFFRON CLOSE |
| 18 Dec 2023 | £226,974 | £220,000 | 228 LONDON ROAD |
| 25 Aug 2023 | £178,214 | £175,000 | 203 LONDON ROAD |
| 11 Aug 2023 | £208,765 | £205,000 | 190 PARK VIEW LONDON ROAD |
| 5 Jun 2023 | £193,885 | £190,000 | 130 LONDON ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 25 Mar 2013. Using an estimated price of £354,953 means this house is valued at £3,226 per sq meter (£299 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 | Public order | Under investigation | On or near Sweden Place |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Sweden Place |