£295,034
This estimated value is based upon the latest sale price for the house of £225,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 16 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 December 2016 the House Price Index for SUFFOLK was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £225,000 results in an estimated price of approximately £295,034.
| 16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £225,000 | £70,034 | £295,034 |
The Postcode Pricing Model uses changes in average sales price within the IP11 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 | 58.675 % | £132,019 | £357,019 |
| 3 Month Average | 36.227 % | £81,511 | £306,511 |
| 6 Month Average | 28.063 % | £63,141 | £288,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £332,912 | £330,000 | 50 HAVEN CLOSE |
| 21 Jul 2023 | £293,956 | £290,000 | 10 HAVEN CLOSE |
| 30 Jan 2023 | £228,922 | £230,000 | 3 SHOTLEY CLOSE |
| 7 Sep 2022 | £277,757 | £280,000 | 50 PARKESTON ROAD |
| 26 Aug 2022 | £299,195 | £300,000 | 8 YEOMAN ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Dec 2016. Using an estimated price of £295,035 means this house is valued at £4,041 per sq meter (£375 per sq foot).
The average size of a house on PARSONAGE CLOSE is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Parsonage Close |
| Dec 2023 | Anti-social behaviour | On or near Parsonage Close | |
| Dec 2023 | Anti-social behaviour | On or near Parsonage Close | |
| Dec 2023 | Anti-social behaviour | On or near Parsonage Close | |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Parsonage Close |