£331,220
This estimated value is based upon the latest sale price for the house of £275,000 on 4 Mar 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 4 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2020 the House Price Index for SUFFOLK was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £275,000 results in an estimated price of approximately £331,220.
| 4 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £275,000 | £56,220 | £331,220 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 3.491 % | £9,600 | £284,600 |
| 3 Month Average | 6.540 % | £17,984 | £292,984 |
| 6 Month Average | 6.385 % | £17,559 | £292,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £430,504 | £425,000 | 2 MELPLASH CLOSE |
| 24 Jul 2023 | £476,412 | £470,000 | 21 CUCKFIELD AVENUE |
| 25 Apr 2023 | £361,391 | £357,500 | 45 ARUNDEL WAY |
| 15 Feb 2023 | £444,701 | £445,000 | 79 ARUNDEL WAY |
| 13 Jan 2023 | £378,218 | £380,000 | 13 MELPLASH ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 16 Aug 2019. Using an estimated price of £331,220 means this house is valued at £3,721 per sq meter (£345 per sq foot).
The average size of a house on ARUNDEL WAY is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wareham Avenue |
| Dec 2023 | Possession of weapons | Under investigation | On or near Wimborne Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wimborne Avenue |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Heathlands Park |