£249,721
This estimated value is based upon the latest sale price for the house of £205,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £205,000 | 3 Jul 2020 |
| £131,566 | 24 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 July 2020 the House Price Index for SUFFOLK was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £205,000 results in an estimated price of approximately £249,721.
| 3 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £205,000 | £44,721 | £249,721 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 43.843 % | £89,878 | £294,878 |
| 3 Month Average | 18.013 % | £36,926 | £241,926 |
| 6 Month Average | 36.820 % | £75,481 | £280,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £236,580 | £235,000 | 28 STANLEY ROAD |
| 13 Jan 2023 | £631,688 | £630,000 | 3 CHEVELEY ROAD |
| 29 Jul 2022 | £121,166 | £119,952 | PEEL HOUSE, 1 CHEVELEY ROAD |
| 20 May 2022 | £215,617 | £210,000 | 52 STANLEY ROAD |
| 28 Jan 2022 | £190,836 | £180,000 | 72 STANLEY ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 18 Oct 2017. Using an estimated price of £249,721 means this house is valued at £4,093 per sq meter (£380 per sq foot).
The average size of a house on CHEVELEY ROAD is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Unable to prosecute suspect | On or near Stanley Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanley Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1063 |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Barry Lynham Drive |
| Aug 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near New Cheveley Road |