£471,999
This estimated value is based upon the latest sale price for the house of £93,000 on 29 Aug 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£93,000 | 29 Aug 1997 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 August 1997 the House Price Index for SUFFOLK was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £93,000 results in an estimated price of approximately £471,999.
29 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.5 | 149.7 | 407.526 % | £93,000 | £378,999 | £471,999 |
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 | 447.729 % | £416,388 | £509,388 |
3 Month Average | 398.839 % | £370,920 | £463,920 |
6 Month Average | 390.222 % | £362,906 | £455,906 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £259,860 | £255,000 | 42 COLENESS ROAD |
23 Mar 2023 | £277,128 | £272,500 | 10 ANDROS CLOSE |
9 Jun 2022 | £342,317 | £335,000 | 12 FISHBANE CLOSE |
14 Dec 2021 | £250,399 | £232,000 | 11 ANDROS CLOSE |
30 Sep 2021 | £238,825 | £220,000 | 30 ANDROS CLOSE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 13 Mar 2015. Using an estimated price of £472,000 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on ANDROS CLOSE is 89 sq meters (960 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Awaiting court outcome | On or near Leighton Square |
Aug 2024 | Anti-social behaviour | On or near Leighton Square | |
Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Leighton Square |
Aug 2024 | Anti-social behaviour | On or near Leighton Square | |
Aug 2024 | Anti-social behaviour | On or near Leighton Square |