£311,549
This estimated value is based upon the latest sale price for the house of £235,000 on 12 May 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £235,000 | 12 May 2016 |
| £173,000 | 18 Nov 2010 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2016 the House Price Index for SUFFOLK was 110.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.Applying this 32.574% change to the original purchase price of £235,000 results in an estimated price of approximately £311,549.
| 12 May 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 146.7 | 32.574 % | £235,000 | £76,549 | £311,549 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 52.536 % | £123,460 | £358,460 |
| 3 Month Average | 54.199 % | £127,368 | £362,368 |
| 6 Month Average | 43.297 % | £101,748 | £336,748 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 17 Aug 2010.
The average size of a house on GLEMSFORD CLOSE is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Melford Way |
| Feb 2024 | Possession of weapons | Under investigation | On or near Peewit Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Peewit Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peewit Hill |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Peewit Hill |