£224,606
This estimated value is based upon the latest sale price for the house of £130,000 on 24 Feb 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £130,000 | 24 Feb 2012 |
| £152,000 | 15 Oct 2007 |
| £51,000 | 18 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 February 2012 the House Price Index for SUFFOLK was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £130,000 results in an estimated price of approximately £224,606.
| 24 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £130,000 | £94,606 | £224,606 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 59.693 % | £77,600 | £207,600 |
| 3 Month Average | 78.438 % | £101,969 | £231,969 |
| 6 Month Average | 90.779 % | £118,012 | £248,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £245,578 | £240,000 | 18 HILLSIDE |
| 25 Aug 2023 | £252,046 | £247,500 | 37 HILLSIDE |
| 25 Aug 2023 | £320,786 | £315,000 | 57A OAKLANDS DRIVE |
| 2 Jun 2023 | £234,703 | £230,000 | 19 HILLSIDE |
| 6 Feb 2023 | £310,071 | £308,000 | 22 HILLSIDE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 May 2014. Using an estimated price of £224,606 means this house is valued at £2,706 per sq meter (£251 per sq foot).
The average size of a house on OAKLANDS DRIVE is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Local resolution | On or near Oaklands Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hillside |
| Jun 2024 | Other crime | Awaiting court outcome | On or near Woodlands Rise |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cunningham Close |
| May 2024 | Public order | Under investigation | On or near Brandon Road |