£260,925
This estimated value is based upon the latest sale price for the house of £210,000 on 3 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £210,000 | 3 Jul 2019 |
| £195,000 | 13 Nov 2015 |
| £100,000 | 17 Feb 2009 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £210,000 results in an estimated price of approximately £260,925.
| 3 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £210,000 | £50,925 | £260,925 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 11.220 % | £23,562 | £233,562 |
| 3 Month Average | 25.513 % | £53,576 | £263,576 |
| 6 Month Average | 13.620 % | £28,602 | £238,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £209,499 | £206,000 | 499 NIMBUS WAY |
| 1 Mar 2023 | £223,736 | £220,000 | 517 AUREOLE WALK |
| 24 Feb 2023 | £212,419 | £211,000 | 508 AUREOLE WALK |
| 8 Aug 2022 | £236,104 | £235,000 | 510 AUREOLE WALK |
| 21 Jun 2022 | £265,679 | £260,000 | 22 PERSIMMON WALK |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Feb 2019. Using an estimated price of £260,926 means this house is valued at £3,069 per sq meter (£285 per sq foot).
The average size of a house on NIMBUS WAY is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Nimbus Way | |
| Sep 2024 | Anti-social behaviour | On or near Nimbus Way | |
| Sep 2024 | Anti-social behaviour | On or near Nimbus Way | |
| Sep 2024 | Anti-social behaviour | On or near Nimbus Way | |
| Sep 2024 | Anti-social behaviour | On or near Nimbus Way |