£336,253
This estimated value is based upon the latest sale price for the house of £249,950 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £249,950 | 31 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2016 the House Price Index for SUFFOLK was 110.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £249,950 results in an estimated price of approximately £336,253.
| 31 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.0 | 34.528 % | £249,950 | £86,303 | £336,253 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 75.295 % | £188,200 | £438,150 |
| 3 Month Average | 57.683 % | £144,177 | £394,127 |
| 6 Month Average | 36.775 % | £91,919 | £341,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £152,427 | £151,500 | 1 FEN BIGHT CIRCLE |
| 24 Feb 2023 | £826,093 | £830,000 | 21 DUNWICH CLOSE |
| 18 Jan 2023 | £302,344 | £305,000 | 12 ELVEDON CLOSE |
| 10 Jun 2022 | £126,280 | £125,000 | 178 ALNESBOURN CRESCENT |
| 26 Nov 2021 | £403,930 | £375,000 | 5 SLOEBERRY ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 25 Feb 2016. Using an estimated price of £336,254 means this house is valued at £2,949 per sq meter (£274 per sq foot).
The average size of a house on ELVEDON CLOSE is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Dunwich Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dunwich Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Dunwich Close |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Dunwich Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Dunwich Close |