£936,814
This estimated value is based upon the latest sale price for the house of £156,000 on 2 Nov 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £156,000 | 2 Nov 2023 |
| £136,500 | 12 Nov 2021 |
| £123,500 | 2 Feb 2018 |
| Terraced |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2023 the House Price Index for SUFFOLK was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £156,000 results in an estimated price of approximately £936,814.
| 2 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £156,000 | £780,814 | £936,814 |
The Postcode Pricing Model uses changes in average sales price within the IP14 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 | -18.729 % | £-29,216 | £126,783 |
| 3 Month Average | -5.541 % | £-8,644 | £147,355 |
| 6 Month Average | 9.044 % | £14,109 | £170,109 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 15 Jan 2018.
The average size of a house on KINGSMEAD CLOSE is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Kingsmead Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsmead Road |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Kingsmead Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kingsmead Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Kingsmead Road |