£123,650
This estimated value is based upon the latest sale price for the house of £75,000 on 4 Dec 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£75,000 | 4 Dec 2006 |
£28,500 | 30 Apr 1998 |
£22,000 | 11 Sep 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 23 sq meters or 249 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 December 2006 the House Price Index for SUFFOLK was 89.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 64.867%.Applying this 64.867% change to the original purchase price of £75,000 results in an estimated price of approximately £123,650.
4 Dec 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 148.0 | 64.867 % | £75,000 | £48,650 | £123,650 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 23.276 % | £17,456 | £92,456 |
3 Month Average | 16.317 % | £12,237 | £87,237 |
6 Month Average | 44.110 % | £33,082 | £108,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £452,446 | £450,000 | 218 RAEDWALD DRIVE |
17 Jun 2022 | £292,969 | £290,000 | 79 RAEDWALD DRIVE |
19 Apr 2022 | £255,385 | £249,000 | 3 BERNHAM CLOSE |
18 Feb 2022 | £365,561 | £350,000 | 207 RAEDWALD DRIVE |
17 Feb 2022 | £242,315 | £232,000 | 15 BERNHAM CLOSE |
This house has a floor area of 23 sq meters or 249 sq feet when measured on 1 May 2009. Using an estimated price of £123,650 means this house is valued at £5,325 per sq meter (£494 per sq foot).
The average size of a house on RAEDWALD DRIVE is 80 sq meters (862 sq feet).
This house is the smallest in the street with a floor area of 23 sq meters (249 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Mylford Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raedwald Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Layhill Close |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |