£263,331
This estimated value is based upon the latest sale price for the house of £218,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £218,000 | 28 Aug 2020 |
| £181,000 | 20 Dec 2013 |
| £164,000 | 23 Apr 2007 |
| £125,000 | 2 Apr 2004 |
| £88,500 | 12 Apr 2002 |
| £46,000 | 31 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 August 2020 the House Price Index for SUFFOLK was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £218,000 results in an estimated price of approximately £263,331.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £218,000 | £45,331 | £263,331 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 22.522 % | £49,098 | £267,098 |
| 3 Month Average | 18.634 % | £40,622 | £258,622 |
| 6 Month Average | 28.114 % | £61,287 | £279,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £315,694 | £310,000 | 85 HIGHFIELD ROAD |
| 26 Jun 2023 | £352,055 | £345,000 | 57 CHESTERFIELD DRIVE |
| 20 Jan 2023 | £317,849 | £317,000 | 22 TRANMERE GROVE |
| 22 Nov 2022 | £141,837 | £142,500 | 43 CHESTERFIELD DRIVE |
| 11 Jul 2022 | £398,998 | £395,000 | 35 TRANMERE GROVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 2 Nov 2013. Using an estimated price of £263,331 means this house is valued at £4,247 per sq meter (£394 per sq foot).
The average size of a house on CHESTERFIELD DRIVE is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Chesterfield Drive | |
| Aug 2024 | Anti-social behaviour | On or near Chesterfield Drive | |
| Aug 2024 | Anti-social behaviour | On or near Chesterfield Drive | |
| Aug 2024 | Anti-social behaviour | On or near Chesterfield Drive | |
| Aug 2024 | Anti-social behaviour | On or near Chesterfield Drive |