£267,703
This estimated value is based upon the latest sale price for the house of £177,500 on 28 Oct 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £177,500 | 28 Oct 2014 |
| £93,500 | 25 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2014 the House Price Index for SUFFOLK was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £177,500 results in an estimated price of approximately £267,703.
| 28 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £177,500 | £90,203 | £267,703 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 39.639 % | £70,359 | £247,859 |
| 3 Month Average | 32.403 % | £57,515 | £235,015 |
| 6 Month Average | 31.425 % | £55,779 | £233,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £319,915 | £315,000 | 37 MARTINET GREEN |
| 6 Oct 2023 | £253,252 | £247,500 | 4 MARTINET GREEN |
| 10 Mar 2023 | £386,454 | £380,000 | 264 RAVENSWOOD AVENUE |
| 24 Feb 2023 | £281,883 | £280,000 | 7 SPITFIRE CLOSE |
| 21 Feb 2023 | £173,157 | £172,000 | 288 RAVENSWOOD AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Jun 2014. Using an estimated price of £267,703 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on MARTINET GREEN is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hurricane Place |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Spitfire Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Harrier Close |
| Jul 2024 | Anti-social behaviour | On or near Harrier Close | |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Harrier Close |