£305,093
This estimated value is based upon the latest sale price for the house of £68,950 on 12 Mar 1999. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£68,950 | 12 Mar 1999 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 1999 the House Price Index for SUFFOLK was 33.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 342.485%.Applying this 342.485% change to the original purchase price of £68,950 results in an estimated price of approximately £305,093.
12 Mar 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.2 | 146.7 | 342.485 % | £68,950 | £236,143 | £305,093 |
The Postcode Pricing Model uses changes in average sales price within the IP12 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 | 403.789 % | £278,412 | £347,362 |
3 Month Average | 337.123 % | £232,446 | £301,396 |
6 Month Average | 349.018 % | £240,647 | £309,597 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Apr 2017.
The average size of a house on FERNHILL CLOSE is 145 sq meters (1,564 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Woods Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bury Hill |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Nightingale Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Simons Road |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Orchard Close |