£402,568
This estimated value is based upon the latest sale price for the house of £323,500 on 12 Feb 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£323,500 | 12 Feb 2018 |
£132,000 | 16 Nov 2001 |
£63,500 | 25 Oct 1996 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 February 2018 the House Price Index for SUFFOLK was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £323,500 results in an estimated price of approximately £402,568.
12 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.0 | 24.442 % | £323,500 | £79,068 | £402,568 |
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 | -27.483 % | £-88,908 | £234,591 |
3 Month Average | -16.229 % | £-52,502 | £270,997 |
6 Month Average | 6.834 % | £22,108 | £345,608 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £303,901 | £300,000 | 170 RAEDWALD DRIVE |
17 Jun 2022 | £292,969 | £290,000 | 79 RAEDWALD DRIVE |
17 Jun 2022 | £363,686 | £360,000 | 238 RAEDWALD DRIVE |
4 Feb 2022 | £266,337 | £255,000 | 68 RAEDWALD DRIVE |
19 Nov 2021 | £258,515 | £240,000 | 62 RAEDWALD DRIVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 9 Aug 2017. Using an estimated price of £402,568 means this house is valued at £4,066 per sq meter (£377 per sq foot).
The average size of a house on MYLFORD CLOSE is 164 sq meters (1,765 sq feet).
This house is the smallest in the street with a floor area of 99 sq meters (1,065 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |