£344,573
This estimated value is based upon the latest sale price for the house of £220,000 on 11 Oct 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£220,000 | 11 Oct 2007 |
£182,500 | 28 Nov 2003 |
£152,000 | 31 May 2002 |
£119,000 | 15 Dec 2000 |
Detached |
Freehold |
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 2007 the House Price Index for SUFFOLK was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £220,000 results in an estimated price of approximately £344,573.
11 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 149.7 | 56.624 % | £220,000 | £124,573 | £344,573 |
The Postcode Pricing Model uses changes in average sales price within the IP31 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 | -59.829 % | £-131,624 | £88,375 |
3 Month Average | 28.125 % | £61,875 | £281,875 |
6 Month Average | 39.747 % | £87,442 | £307,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £330,969 | £325,000 | 41 MICKLESMERE DRIVE |
22 Jun 2023 | £346,953 | £340,000 | 10 THOMAS CLOSE |
9 Feb 2023 | £352,354 | £350,000 | 3 SCOTT ROAD |
13 Jul 2022 | £383,846 | £380,000 | 55 MICKLESMERE DRIVE |
11 Mar 2022 | £412,354 | £395,000 | 47 MICKLESMERE DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Kettleborrow Close | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Close |
Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Carpenter Close |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near New Road |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near New Road |