£468,448
This estimated value is based upon the latest sale price for the house of £460,000 on 30 Aug 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £460,000 | 30 Aug 2023 |
| £290,000 | 15 Sep 2014 |
| £229,950 | 27 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2023 the House Price Index for SUFFOLK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £460,000 results in an estimated price of approximately £468,448.
| 30 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £460,000 | £8,448 | £468,448 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 8.780 % | £40,388 | £500,388 |
| 3 Month Average | -18.932 % | £-87,089 | £372,910 |
| 6 Month Average | -6.561 % | £-30,179 | £429,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £403,396 | £391,000 | 12 RIMMER CLOSE |
| 2 Nov 2023 | £307,814 | £300,000 | 8 RUBENS WALK |
| 2 Oct 2023 | £436,923 | £427,000 | 2 HERBERT CLOSE |
| 30 Aug 2023 | £468,449 | £460,000 | 5 HERBERT CLOSE |
| 24 Jan 2023 | £105,281 | £105,000 | 4 THE HAWTHORNS |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 13 Oct 2016. Using an estimated price of £468,449 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on HERBERT CLOSE is 137 sq meters (1,478 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Local resolution | On or near Herbert Close |
| Aug 2024 | Anti-social behaviour | On or near Reynolds Way | |
| Aug 2024 | Anti-social behaviour | On or near Reynolds Way | |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Rubens Walk |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rubens Walk |