£181,003
This estimated value is based upon the latest sale price for the house of £149,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £149,000 | 24 Jan 2020 |
| £95,000 | 31 Oct 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 January 2020 the House Price Index for SUFFOLK was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £149,000 results in an estimated price of approximately £181,003.
| 24 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £149,000 | £32,003 | £181,003 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -28.917 % | £-43,085 | £105,914 |
| 3 Month Average | -21.860 % | £-32,571 | £116,428 |
| 6 Month Average | -2.376 % | £-3,540 | £145,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £292,769 | £290,000 | 88 MALTINGS WAY |
| 27 Jan 2023 | £189,833 | £191,500 | 61 MALTINGS WAY |
| 26 Jan 2023 | £198,259 | £200,000 | 37 MALTINGS WAY |
| 1 Jul 2022 | £72,402 | £72,500 | 7 MALTINGS WAY |
| 5 Nov 2021 | £194,425 | £180,500 | 25 MALTINGS WAY |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 7 Jan 2020. Using an estimated price of £181,004 means this house is valued at £3,351 per sq meter (£311 per sq foot).
The average size of a house on MALTINGS WAY is 65 sq meters (706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thingoe Hill |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thingoe Hill |
| Apr 2024 | Vehicle crime | Under investigation | On or near Malthouse Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Malthouse Lane |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Malthouse Lane |