£677,337
This estimated value is based upon the latest sale price for the house of £505,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £505,000 | 26 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 249 sq meters or 2,680 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 August 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £505,000 results in an estimated price of approximately £677,337.
| 26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £505,000 | £172,337 | £677,337 |
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 | 80.487 % | £406,458 | £911,458 |
| 3 Month Average | 17.439 % | £88,066 | £593,066 |
| 6 Month Average | 22.568 % | £113,970 | £618,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £256,511 | £250,000 | FLAT 10 6 THE AVENUE |
| 4 Apr 2023 | £998,679 | £980,000 | 18 THE AVENUE |
| 19 Oct 2022 | £313,951 | £315,000 | CHUDLEIGH HOUSE KINGSTON PASSAGE |
| 8 Jul 2022 | £300,511 | £297,500 | 3 ROCKINGHAM VILLAS |
| 25 Apr 2022 | £326,788 | £315,000 | 49 THE AVENUE |
This house has a floor area of 249 sq meters or 2,680 sq feet when measured on 6 Aug 2019. Using an estimated price of £677,338 means this house is valued at £2,720 per sq meter (£252 per sq foot).
The average size of a house on THE AVENUE is 168 sq meters (1,810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jun 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area |