£246,675
This estimated value is based upon the latest sale price for the house of £198,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £198,000 | 5 Apr 2019 |
| £180,000 | 28 May 2015 |
| £127,500 | 18 Aug 2014 |
| £55,000 | 28 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 April 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £198,000 results in an estimated price of approximately £246,675.
| 5 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £198,000 | £48,675 | £246,675 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | -3.463 % | £-6,856 | £191,143 |
| 3 Month Average | 4.398 % | £8,707 | £206,707 |
| 6 Month Average | 22.734 % | £45,013 | £243,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £127,905 | £125,000 | 722 OLD NORWICH ROAD |
| 5 Oct 2021 | £373,414 | £335,000 | 724 OLD NORWICH ROAD |
| 18 Aug 2021 | £247,252 | £220,000 | 1 BYRON ROAD |
| 3 Jun 2021 | £239,952 | £222,000 | 70 MALKIN CLOSE |
| 12 Mar 2021 | £274,730 | £245,000 | 8 BALLATER CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 19 Nov 2014. Using an estimated price of £246,675 means this house is valued at £4,253 per sq meter (£395 per sq foot).
The average size of a house on BALLATER CLOSE is 64 sq meters (691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ballater Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ballater Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ballater Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ballater Close |
| Sep 2024 | Anti-social behaviour | On or near Ballater Close |