£512,902
This estimated value is based upon the latest sale price for the house of £434,013 on 20 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £434,013 | 20 Oct 2020 |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2020 the House Price Index for SUFFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £434,013 results in an estimated price of approximately £512,902.
| 20 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £434,013 | £78,889 | £512,902 |
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 | -9.233 % | £-40,070 | £393,942 |
| 3 Month Average | 5.556 % | £24,115 | £458,128 |
| 6 Month Average | -8.113 % | £-35,209 | £398,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £175,517 | £172,000 | 29 WARWICK DRIVE |
| 6 Mar 2023 | £315,316 | £310,050 | 9 CUMBERLAND AVENUE |
| 4 Jul 2022 | £142,427 | £141,000 | 15 DURHAM CLOSE |
| 30 Nov 2021 | £250,590 | £230,000 | 35 DURHAM CLOSE |
| 5 Nov 2021 | £234,247 | £215,000 | 23 DURHAM CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Feb 2021. Using an estimated price of £512,902 means this house is valued at £6,931 per sq meter (£643 per sq foot).
There is one other house on the street which we know the size of, this is 3 MANNOCK DRIVE it is 88.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Avenue |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cumberland Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Avenue |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cumberland Avenue |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cumberland Avenue |