£675,913
This estimated value is based upon the latest sale price for the house of £670,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £670,000 | 18 Aug 2023 |
| £322,500 | 31 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2023 the House Price Index for SUFFOLK was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £670,000 results in an estimated price of approximately £675,913.
| 18 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £670,000 | £5,913 | £675,913 |
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 | 3.775 % | £25,292 | £695,292 |
| 3 Month Average | -16.004 % | £-107,226 | £562,773 |
| 6 Month Average | -6.549 % | £-43,877 | £626,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £496,182 | £487,500 | 11 CLIVE AVENUE |
| 8 Dec 2023 | £386,767 | £380,000 | 24 JUNE AVENUE |
| 1 Dec 2023 | £381,678 | £375,000 | 50 CLIVE AVENUE |
| 7 Nov 2023 | £548,115 | £540,000 | 38 CLIVE AVENUE |
| 29 Sep 2023 | £395,051 | £390,000 | 4 JUNE AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 30 Oct 2017. Using an estimated price of £675,913 means this house is valued at £6,089 per sq meter (£565 per sq foot).
The average size of a house on CLIVE AVENUE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Suspect charged as part of another case | On or near June Avenue |
| Apr 2024 | Vehicle crime | Suspect charged as part of another case | On or near June Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Clive Avenue |
| Apr 2024 | Vehicle crime | Suspect charged as part of another case | On or near Supermarket |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |