£230,561
This estimated value is based upon the latest sale price for the house of £179,950 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £179,950 | 2 Jun 2017 |
| £49,995 | 17 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 June 2017 the House Price Index for SUFFOLK was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £179,950 results in an estimated price of approximately £230,561.
| 2 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £179,950 | £50,611 | £230,561 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | 28.646 % | £51,548 | £231,498 |
| 3 Month Average | 14.380 % | £25,877 | £205,827 |
| 6 Month Average | 32.584 % | £58,634 | £238,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £182,109 | £179,781 | 43 LYNGATE AVENUE |
| 6 Sep 2023 | £157,007 | £155,000 | 24 CHEDGRAVE ROAD |
| 30 Aug 2023 | £363,177 | £360,000 | 35 THE FAIRWAY |
| 1 Sep 2022 | £275,773 | £278,000 | 5 MAUTBY WAY |
| 29 Apr 2022 | £249,211 | £242,000 | 17 LYNGATE AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 13 Apr 2017. Using an estimated price of £230,562 means this house is valued at £3,602 per sq meter (£334 per sq foot).
The average size of a house on THE FAIRWAY is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Aldwyck Way | |
| Jan 2024 | Anti-social behaviour | On or near Aldwyck Way | |
| Jan 2024 | Anti-social behaviour | On or near Aldwyck Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aspinall Close |