£336,212
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £290,000 | 20 Nov 2020 |
| £124,000 | 15 Nov 2002 |
| £79,995 | 25 May 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2020 the House Price Index for SUFFOLK was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £290,000 results in an estimated price of approximately £336,212.
| 20 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £290,000 | £46,212 | £336,212 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | -10.835 % | £-31,420 | £258,579 |
| 3 Month Average | 1.837 % | £5,326 | £295,326 |
| 6 Month Average | 8.679 % | £25,168 | £315,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £294,358 | £290,000 | 2 PALMCROFT ROAD |
| 3 Aug 2023 | £287,515 | £285,000 | 17 PALMCROFT ROAD |
| 6 Jun 2023 | £250,029 | £247,000 | 49 KEMPTON ROAD |
| 2 Jun 2023 | £314,813 | £311,000 | 99 FIRCROFT ROAD |
| 4 Mar 2022 | £279,791 | £270,000 | 24 KEMPTON CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Jan 2014. Using an estimated price of £336,213 means this house is valued at £4,202 per sq meter (£390 per sq foot).
The average size of a house on PALMCROFT CLOSE is 103 sq meters (1,117 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Congreve Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kempton Close |
| Feb 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wetherby Close |