£1,313,998
This estimated value is based upon the latest sale price for the house of £860,000 on 1 Jul 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £860,000 | 1 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 436 sq meters or 4,693 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 July 2014 the House Price Index for SUFFOLK was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £860,000 results in an estimated price of approximately £1,313,998.
| 1 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £860,000 | £453,998 | £1,313,998 |
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 | 38.794 % | £333,625 | £1,193,625 |
| 3 Month Average | 70.578 % | £606,972 | £1,466,972 |
| 6 Month Average | 59.745 % | £513,807 | £1,373,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £253,757 | £250,000 | FLAT 10 6 THE AVENUE |
| 25 Aug 2023 | £844,891 | £837,500 | 17 CARDIGAN STREET |
| 4 Jul 2023 | £242,261 | £239,000 | 2 CARDIGAN STREET |
| 4 Apr 2023 | £990,667 | £980,000 | 18 THE AVENUE |
| 10 Mar 2023 | £433,080 | £429,000 | 1 CARDIGAN STREET |
This house has a floor area of 436 sq meters or 4,693 sq feet when measured on 9 Oct 2013. Using an estimated price of £1,313,998 means this house is valued at £3,013 per sq meter (£279 per sq foot).
The average size of a house on THE AVENUE is 168 sq meters (1,810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jack Jarvis Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Jack Jarvis Close |
| Jan 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |