£222,869
This estimated value is based upon the latest sale price for the house of £129,000 on 10 Nov 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £129,000 | 10 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 852 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 2010 the House Price Index for SUFFOLK was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.767%.Applying this 72.767% change to the original purchase price of £129,000 results in an estimated price of approximately £222,869.
| 10 Nov 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.767 % | £129,000 | £93,869 | £222,869 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | 52.616 % | £67,874 | £196,874 |
| 3 Month Average | 62.289 % | £80,352 | £209,352 |
| 6 Month Average | 53.430 % | £68,924 | £197,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £475,000 | £475,000 | 5 WILL REDE CLOSE |
| 1 Nov 2023 | £430,939 | £420,000 | 3 KEMPS LANE |
| 12 Oct 2023 | £337,669 | £330,000 | 24 CROMWELL AVENUE |
| 6 Oct 2023 | £424,645 | £415,000 | 16 WILL REDE CLOSE |
| 4 Sep 2023 | £501,045 | £490,000 | 2 WILL REDE CLOSE |
This house has a floor area of 79 sq meters or 852 sq feet when measured on 1 Apr 2010. Using an estimated price of £222,869 means this house is valued at £2,814 per sq meter (£261 per sq foot).
The average size of a house on FAIRFAX COURT is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfax Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Avenue |
| Oct 2024 | Other theft | Under investigation | On or near Cromwell Avenue |