£355,007
This estimated value is based upon the latest sale price for the house of £218,500 on 29 Nov 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £218,500 | 29 Nov 2013 |
| £163,000 | 21 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 November 2013 the House Price Index for SUFFOLK was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £218,500 results in an estimated price of approximately £355,007.
| 29 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £218,500 | £136,507 | £355,007 |
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 | 49.763 % | £108,732 | £327,232 |
| 3 Month Average | 67.422 % | £147,317 | £365,817 |
| 6 Month Average | 54.464 % | £119,003 | £337,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £268,982 | £265,000 | 15 FIELDEN WAY |
| 5 Jun 2023 | £263,188 | £260,000 | 5 FIELDEN WAY |
| 6 Apr 2023 | £353,810 | £350,000 | 11 NORFOLK AVENUE |
| 30 Jun 2022 | £355,017 | £350,000 | 14 ELVEDON WAY |
| 8 Dec 2021 | £316,056 | £295,000 | 41 ELIZABETH AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 22 Oct 2015. Using an estimated price of £355,008 means this house is valued at £3,776 per sq meter (£350 per sq foot).
The average size of a house on FAIRHAVEN WAY is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Fairhaven Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Fielden Way |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Rochfort Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near King Edward Vii Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |