£486,123
This estimated value is based upon the latest sale price for the house of £375,000 on 17 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£375,000 | 17 May 2017 |
£250,000 | 6 Feb 2015 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £375,000 results in an estimated price of approximately £486,123.
17 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £375,000 | £111,123 | £486,123 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 4.359 % | £16,346 | £391,346 |
3 Month Average | 33.335 % | £125,007 | £500,007 |
6 Month Average | 15.264 % | £57,238 | £432,238 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £260,748 | £255,000 | 10 CRABBE STREET |
21 Sep 2023 | £240,297 | £235,000 | 388 SPRING ROAD |
12 Jun 2023 | £204,090 | £200,000 | 12 MANDY CLOSE |
10 Mar 2023 | £244,076 | £240,000 | 3 MANDY CLOSE |
27 Jan 2023 | £220,589 | £220,000 | 241 SPRING ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 8 Sep 2016. Using an estimated price of £486,123 means this house is valued at £4,813 per sq meter (£447 per sq foot).
The average size of a house on CRABBE STREET is 125 sq meters (1,349 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabbe Street |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crabbe Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabbe Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Mandy Close |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mandy Close |