£196,231
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Nov 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £160,000 | 25 Nov 2019 |
| £142,000 | 29 Feb 2016 |
| £112,000 | 12 Jul 2005 |
| £98,000 | 5 Jan 2004 |
| £49,650 | 18 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 November 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £160,000 results in an estimated price of approximately £196,231.
| 25 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £160,000 | £36,231 | £196,231 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 11.887 % | £19,018 | £179,018 |
| 3 Month Average | 20.596 % | £32,954 | £192,954 |
| 6 Month Average | 19.294 % | £30,869 | £190,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £224,616 | £222,500 | 1 WAINWRIGHT CLOSE |
| 13 Jan 2023 | £323,476 | £325,000 | 3 WAINWRIGHT CLOSE |
| 29 Jul 2022 | £260,702 | £260,000 | 26 HOWLEY GARDENS |
| 12 Jul 2022 | £205,553 | £205,000 | 51 HOWLEY GARDENS |
| 1 Jun 2022 | £438,193 | £432,000 | 16 ROWNTREE CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 26 Oct 2015. Using an estimated price of £196,231 means this house is valued at £3,066 per sq meter (£284 per sq foot).
The average size of a house on WAINWRIGHT CLOSE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wainwright Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wainwright Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Howley Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townsend Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dawson Mews |