£371,003
This estimated value is based upon the latest sale price for the house of £300,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 18 Apr 2019 |
| £175,000 | 8 Oct 2009 |
| £133,000 | 31 Jan 2002 |
| £84,950 | 25 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,047 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 April 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £300,000 results in an estimated price of approximately £371,003.
| 18 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £300,000 | £71,003 | £371,003 |
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 | 20.254 % | £60,762 | £360,762 |
| 3 Month Average | 8.909 % | £26,727 | £326,727 |
| 6 Month Average | 19.169 % | £57,506 | £357,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £163,085 | £161,000 | 41 OLDFIELD ROAD |
| 14 Jul 2023 | £217,933 | £215,000 | 64 BROAD MEADOW |
| 21 Apr 2022 | £344,983 | £335,000 | 6 COTTINGHAM ROAD |
| 18 Dec 2020 | £370,711 | £323,000 | 25 CHERRY BLOSSOM CLOSE |
| 26 Jun 2020 | £217,983 | £180,000 | 6 BISHOP MEWS |
This house has a floor area of 97 sq meters or 1,047 sq feet when measured on 26 Mar 2009. Using an estimated price of £371,004 means this house is valued at £3,813 per sq meter (£354 per sq foot).
The average size of a house on CHERRY BLOSSOM CLOSE is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cherry Blossom Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cherry Blossom Close |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Cherry Blossom Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magpie Close |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Greenspire Grove |