£93,444
This estimated value is based upon the latest sale price for the house of £59,995 on 2 May 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £59,995 | 2 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 May 2014 the House Price Index for SUFFOLK was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £59,995 results in an estimated price of approximately £93,444.
| 2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £59,995 | £33,449 | £93,444 |
The Postcode Pricing Model uses changes in average sales price within the IP4 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 | 45.645 % | £27,384 | £87,379 |
| 3 Month Average | 55.095 % | £33,054 | £93,049 |
| 6 Month Average | 40.385 % | £24,228 | £84,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £226,000 | £226,000 | 31 TOVELLS ROAD |
| 25 Apr 2024 | £50,438 | £50,000 | 12 BURNHAM LODGE OAKSTEAD CLOSE |
| 23 Nov 2023 | £64,641 | £63,000 | 49 SYCAMORE HOUSE OAKSTEAD CLOSE |
| 3 Mar 2023 | £66,104 | £65,000 | 83 SYCAMORE HOUSE OAKSTEAD CLOSE |
| 18 Jan 2023 | £132,354 | £132,000 | 27 BURNHAM LODGE OAKSTEAD CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 8 Feb 2011. Using an estimated price of £93,444 means this house is valued at £1,668 per sq meter (£155 per sq foot).
The average size of a house on OAKSTEAD CLOSE is 48 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oakstead Close |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oakstead Close |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oakstead Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakstead Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Oakstead Close |