£121,281
This estimated value is based upon the latest sale price for the house of £71,500 on 29 Aug 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £71,500 | 29 Aug 2012 |
| £43,950 | 28 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 523 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 2012 the House Price Index for SUFFOLK was 87.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.625%.Applying this 69.625% change to the original purchase price of £71,500 results in an estimated price of approximately £121,281.
| 29 Aug 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.0 | 69.625 % | £71,500 | £49,781 | £121,281 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | 75.712 % | £54,134 | £125,634 |
| 3 Month Average | 37.894 % | £27,093 | £98,593 |
| 6 Month Average | 86.172 % | £61,613 | £133,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £326,171 | £320,000 | 4 BUTTERCUP CLOSE |
| 21 Nov 2023 | £425,462 | £420,000 | 92 BELMONT ROAD |
| 6 Jun 2023 | £210,708 | £209,000 | 31 ACER GROVE |
| 28 Mar 2022 | £216,736 | £210,000 | 20 FIR TREE RISE |
| 25 Mar 2022 | £221,897 | £215,000 | 21 FIR TREE RISE |
This house has a floor area of 48 sq meters or 523 sq feet when measured on 9 Jun 2011. Using an estimated price of £121,282 means this house is valued at £2,495 per sq meter (£231 per sq foot).
The average size of a house on ACER GROVE is 57 sq meters (620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acer Grove |
| Apr 2024 | Anti-social behaviour | On or near Acer Grove | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Acer Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acer Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Acer Grove |