£320,535
This estimated value is based upon the latest sale price for the house of £262,500 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £262,500 | 17 Aug 2018 |
| £124,000 | 19 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2018 the House Price Index for SUFFOLK was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £262,500 results in an estimated price of approximately £320,535.
| 17 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £262,500 | £58,035 | £320,535 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -33.187 % | £-87,116 | £175,383 |
| 3 Month Average | -20.021 % | £-52,554 | £209,945 |
| 6 Month Average | -4.913 % | £-12,897 | £249,602 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 22 Feb 2017.
There is one other house on the street which we know the size of, this is 7 CHICHESTER CLOSE it is 77.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Abbots Gate |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ely Close |
| Feb 2024 | Drugs | Under investigation | On or near Archers Place |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Green |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Green |