£291,636
This estimated value is based upon the latest sale price for the house of £160,000 on 3 Jul 2009. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£160,000 | 3 Jul 2009 |
£173,500 | 13 Feb 2004 |
Semi-Detached |
Freehold |
Floor Area: 40 sq meters or 431 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 2009 the House Price Index for SUFFOLK was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £160,000 results in an estimated price of approximately £291,636.
3 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.273 % | £160,000 | £131,636 | £291,636 |
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 | 97.249 % | £155,598 | £315,598 |
3 Month Average | 101.353 % | £162,164 | £322,164 |
6 Month Average | 94.211 % | £150,737 | £310,737 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £290,000 | £290,000 | 23 EDINBURGH ROAD |
3 Nov 2023 | £414,131 | £408,000 | 25 EDINBURGH ROAD |
31 Aug 2023 | £343,001 | £340,000 | 17 DRINKWATER CLOSE |
1 Jun 2022 | £426,021 | £420,000 | 28 DRINKWATER CLOSE |
6 May 2022 | £280,281 | £275,000 | 35 DRINKWATER CLOSE |
This house has a floor area of 40 sq meters or 431 sq feet when measured on 6 Mar 2009. Using an estimated price of £291,636 means this house is valued at £7,274 per sq meter (£675 per sq foot).
The average size of a house on DRINKWATER CLOSE is 86 sq meters (935 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Edinburgh Road | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Road |
Jan 2024 | Anti-social behaviour | On or near Edinburgh Road | |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Edinburgh Road |
Jan 2024 | Anti-social behaviour | On or near Edinburgh Road |