£386,021
This estimated value is based upon the latest sale price for the house of £312,500 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £312,500 | 22 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 February 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £312,500 results in an estimated price of approximately £386,021.
| 22 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £312,500 | £73,521 | £386,021 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 10.831 % | £33,848 | £346,348 |
| 3 Month Average | 1.764 % | £5,511 | £318,011 |
| 6 Month Average | 5.714 % | £17,856 | £330,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £330,899 | £326,000 | 6 WAREHAM AVENUE |
| 8 Sep 2023 | £430,504 | £425,000 | 2 MELPLASH CLOSE |
| 11 Aug 2023 | £322,824 | £320,000 | 24 BODIAM ROAD |
| 15 Jun 2023 | £313,801 | £310,000 | 7 BODIAM ROAD |
| 28 Apr 2023 | £382,114 | £378,000 | 18 WAREHAM AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 22 Mar 2019. Using an estimated price of £386,021 means this house is valued at £3,899 per sq meter (£362 per sq foot).
The average size of a house on MELPLASH CLOSE is 126 sq meters (1,361 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wimborne Avenue |
| Dec 2023 | Possession of weapons | Under investigation | On or near Wimborne Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wareham Avenue |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxley Close |