£242,514
This estimated value is based upon the latest sale price for the house of £193,000 on 8 May 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £193,000 | 8 May 2018 |
| £145,500 | 30 Mar 2007 |
| £65,000 | 17 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 May 2018 the House Price Index for SUFFOLK was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £193,000 results in an estimated price of approximately £242,514.
| 8 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £193,000 | £49,514 | £242,514 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | 30.722 % | £59,294 | £252,294 |
| 3 Month Average | 17.696 % | £34,153 | £227,153 |
| 6 Month Average | 16.265 % | £31,390 | £224,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £215,000 | £215,000 | 3 NEATH DRIVE |
| 1 Mar 2023 | £244,076 | £240,000 | 51 NEATH DRIVE |
| 9 Aug 2022 | £271,268 | £270,000 | 11 LANERCOST WAY |
| 22 Jun 2022 | £235,024 | £230,000 | 58 NEATH DRIVE |
| 1 Apr 2022 | £285,291 | £275,000 | 14 NEATH DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Feb 2018. Using an estimated price of £242,515 means this house is valued at £3,031 per sq meter (£281 per sq foot).
The average size of a house on NEATH DRIVE is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Formal action is not in the public interest | On or near Fritton Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fritton Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glamorgan Road |
| Jul 2024 | Anti-social behaviour | On or near Glamorgan Road | |
| Jul 2024 | Anti-social behaviour | On or near Glamorgan Road |