£324,985
This estimated value is based upon the latest sale price for the house of £275,000 on 5 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 5 Oct 2020 |
| £74,000 | 28 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 £275,000 results in an estimated price of approximately £324,985.
| 5 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £275,000 | £49,985 | £324,985 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 1.596 % | £4,389 | £279,389 |
| 3 Month Average | 3.689 % | £10,144 | £285,144 |
| 6 Month Average | -1.217 % | £-3,345 | £271,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £274,980 | £268,000 | 3 TANNERSFIELD WAY |
| 27 Sep 2023 | £198,373 | £194,000 | 82 EXNING ROAD |
| 25 Aug 2023 | £274,959 | £270,000 | 33 MILLBANK |
| 22 Jun 2023 | £250,010 | £245,000 | 1 EXNING ROAD |
| 5 Jun 2023 | £216,335 | £212,000 | 84 EXNING ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 29 Jun 2020. Using an estimated price of £324,986 means this house is valued at £3,249 per sq meter (£301 per sq foot).
The average size of a house on MILLBANK is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millbank |
| Oct 2024 | Possession of weapons | Unable to prosecute suspect | On or near Millbank |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freshfields |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freshfields |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Freshfields |