£239,318
This estimated value is based upon the latest sale price for the house of £215,000 on 17 Mar 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £215,000 | 17 Mar 2021 |
| £125,000 | 29 May 2015 |
| £106,000 | 26 Aug 2011 |
| £59,950 | 12 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 534 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 March 2021 the House Price Index for SUFFOLK was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £215,000 results in an estimated price of approximately £239,318.
| 17 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £215,000 | £24,318 | £239,318 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | 2.081 % | £4,474 | £219,474 |
| 3 Month Average | 12.178 % | £26,183 | £241,183 |
| 6 Month Average | -4.294 % | £-9,231 | £205,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2022 | £155,439 | £150,000 | 12 SCALTBACK CLOSE |
| 18 Feb 2022 | £167,791 | £160,000 | 4 SCALTBACK CLOSE |
| 26 Jan 2022 | £223,637 | £212,500 | 313 EXNING ROAD |
| 30 Nov 2021 | £194,781 | £180,100 | 11 SCALTBACK CLOSE |
| 5 Nov 2021 | £237,933 | £220,000 | 310 EXNING ROAD |
This house has a floor area of 49 sq meters or 534 sq feet when measured on 11 Nov 2010. Using an estimated price of £239,318 means this house is valued at £4,815 per sq meter (£447 per sq foot).
The average size of a house on LAUREATE GARDENS is 87 sq meters (938 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (534 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Offender given a caution | On or near Laureate Gardens |
| Dec 2023 | Criminal damage and arson | Offender given a caution | On or near Laureate Gardens |
| Feb 2024 | Anti-social behaviour | On or near Laureate Paddocks | |
| Feb 2024 | Anti-social behaviour | On or near Laureate Paddocks | |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Laureate Paddocks |