£731,724
This estimated value is based upon the latest sale price for the house of £453,000 on 4 Oct 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £453,000 | 4 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 2013 the House Price Index for SUFFOLK was 90.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 61.528%.Applying this 61.528% change to the original purchase price of £453,000 results in an estimated price of approximately £731,724.
| 4 Oct 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 146.7 | 61.528 % | £453,000 | £278,724 | £731,724 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 38.433 % | £174,102 | £627,102 |
| 3 Month Average | 31.915 % | £144,576 | £597,576 |
| 6 Month Average | 44.322 % | £200,779 | £653,779 |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 21 May 2013.
The average size of a house on FERNHILL CLOSE is 145 sq meters (1,564 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woods Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bury Hill |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Nightingale Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Simons Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Orchard Close |