£496,350
This estimated value is based upon the latest sale price for the house of £285,000 on 20 Oct 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Sports/Recreation Area
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £285,000 | 20 Oct 2011 |
| £245,000 | 26 Sep 2005 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,715 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 October 2011 the House Price Index for SUFFOLK was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £285,000 results in an estimated price of approximately £496,350.
| 20 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £285,000 | £211,350 | £496,350 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 52.438 % | £149,449 | £434,449 |
| 3 Month Average | 67.481 % | £192,321 | £477,321 |
| 6 Month Average | 64.598 % | £184,104 | £469,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £510,000 | £510,000 | 20 THE WOODLANDS |
| 27 Oct 2023 | £491,155 | £480,000 | 44 CORTON LONG LANE |
| 15 Sep 2023 | £547,059 | £535,000 | 50 CORTON LONG LANE |
| 8 Sep 2022 | £349,766 | £350,000 | 3 GUNTON AVENUE |
| 10 Aug 2022 | £464,673 | £462,500 | 5 GUNTON AVENUE |
This house has a floor area of 159 sq meters or 1,715 sq feet when measured on 20 Jun 2011. Using an estimated price of £496,350 means this house is valued at £3,113 per sq meter (£289 per sq foot).
The average size of a house on THE SHIRES is 302 sq meters (3,254 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park/Open Space |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunton Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Corton Long Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park/Open Space |