£267,873
This estimated value is based upon the latest sale price for the house of £157,000 on 17 Apr 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £157,000 | 17 Apr 2012 |
| £42,000 | 7 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,091 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 2012 the House Price Index for SUFFOLK was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £157,000 results in an estimated price of approximately £267,873.
| 17 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £157,000 | £110,873 | £267,873 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 126.841 % | £199,140 | £356,140 |
| 3 Month Average | 113.736 % | £178,566 | £335,566 |
| 6 Month Average | 112.598 % | £176,779 | £333,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £365,410 | £360,000 | 27 KESTREL DRIVE |
| 8 Aug 2023 | £317,780 | £315,000 | 1 LARK CLOSE |
| 17 Mar 2023 | £302,853 | £300,000 | 36 FALCON DRIVE |
| 28 Feb 2023 | £277,313 | £277,500 | 2 KESTREL DRIVE |
| 10 Jun 2022 | £274,124 | £270,250 | 11 ROBIN WALK |
This house has a floor area of 101 sq meters or 1,091 sq feet when measured on 4 Oct 2010. Using an estimated price of £267,873 means this house is valued at £2,640 per sq meter (£245 per sq foot).
The average size of a house on FALCON DRIVE is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robin Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swallow Drive |
| Mar 2024 | Anti-social behaviour | On or near Chestnut Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near St Stephen'S Crescent |