£64,997
This estimated value is based upon the latest sale price for the house of £55,000 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £55,000 | 8 Oct 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 £55,000 results in an estimated price of approximately £64,997.
| 8 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £55,000 | £9,997 | £64,997 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | 31.686 % | £17,427 | £72,427 |
| 3 Month Average | 14.336 % | £7,884 | £62,884 |
| 6 Month Average | 12.163 % | £6,689 | £61,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £295,000 | £295,000 | 5 BELSTEAD AVENUE |
| 19 Dec 2023 | £361,096 | £350,000 | 17 BELSTEAD AVENUE |
| 13 Oct 2023 | £245,578 | £240,000 | 59A BELSTEAD AVENUE |
| 31 Mar 2023 | £142,378 | £140,000 | 24 MAIDENHALL APPROACH |
| 31 Mar 2023 | £300,010 | £295,000 | 55 BELSTEAD AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 2 Sep 2020. Using an estimated price of £64,997 means this house is valued at £1,181 per sq meter (£109 per sq foot).
The average size of a house on BELSTEAD AVENUE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belstead Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luther Road |
| Oct 2024 | Other crime | Under investigation | On or near La Salle Close |
| Sep 2024 | Anti-social behaviour | On or near La Salle Close | |
| Sep 2024 | Anti-social behaviour | On or near La Salle Close |