£280,241
This estimated value is based upon the latest sale price for the house of £275,000 on 12 Apr 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£275,000 | 12 Apr 2023 |
£247,500 | 13 Dec 2019 |
£174,000 | 14 Jul 2005 |
£162,950 | 27 Aug 2004 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 2023 the House Price Index for SUFFOLK was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £275,000 results in an estimated price of approximately £280,241.
12 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £275,000 | £5,241 | £280,241 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | 8.423 % | £23,164 | £298,164 |
3 Month Average | -3.700 % | £-10,176 | £264,823 |
6 Month Average | 6.522 % | £17,934 | £292,934 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2023 | £280,242 | £275,000 | 5 CHAFFINCH WAY |
9 Feb 2023 | £485,241 | £482,000 | 2 PHOENIX WAY |
8 Feb 2023 | £161,076 | £160,000 | 75 PHOENIX WAY |
27 Jan 2023 | £289,774 | £289,000 | 4 GOLDFINCH CLOSE |
12 Aug 2022 | £396,856 | £395,000 | 27 PEREGRINE DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Sep 2019. Using an estimated price of £280,242 means this house is valued at £3,947 per sq meter (£366 per sq foot).
The average size of a house on CHAFFINCH WAY is 139 sq meters (1,496 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Jackdaw Close |
Oct 2024 | Criminal damage and arson | Awaiting court outcome | On or near Jackdaw Close |
Jul 2024 | Anti-social behaviour | On or near Sanderling Way | |
Jul 2024 | Anti-social behaviour | On or near Sanderling Way | |
Jul 2024 | Anti-social behaviour | On or near Sanderling Way |