£280,226
This estimated value is based upon the latest sale price for the house of £210,000 on 26 Oct 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £210,000 | 26 Oct 2016 |
| £162,500 | 2 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2016 the House Price Index for SUFFOLK was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £210,000 results in an estimated price of approximately £280,226.
| 26 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £210,000 | £70,226 | £280,226 |
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 | 32.318 % | £67,868 | £277,868 |
| 3 Month Average | 24.785 % | £52,048 | £262,048 |
| 6 Month Average | 40.038 % | £84,080 | £294,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £264,057 | £260,000 | 111 JOVIAN WAY |
| 20 Dec 2023 | £216,142 | £209,500 | 99 JOVIAN WAY |
| 20 Oct 2023 | £273,205 | £267,000 | 3 JOVIAN WAY |
| 6 Jan 2023 | £265,710 | £265,000 | 189 SATURN ROAD |
| 8 Jul 2022 | £232,328 | £230,000 | 18 THEBE CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 27 Jun 2016. Using an estimated price of £280,226 means this house is valued at £3,113 per sq meter (£289 per sq foot).
The average size of a house on THEBE CLOSE is 79 sq meters (851 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thebe Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thebe Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thebe Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thebe Close |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Jovian Way |