£285,779
This estimated value is based upon the latest sale price for the house of £255,000 on 26 Feb 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £255,000 | 26 Feb 2021 |
| £260,000 | 6 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 February 2021 the House Price Index for SUFFOLK was 130.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 12.070%.Applying this 12.070% change to the original purchase price of £255,000 results in an estimated price of approximately £285,779.
| 26 Feb 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 146.7 | 12.070 % | £255,000 | £30,779 | £285,779 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 0.966 % | £2,462 | £257,462 |
| 3 Month Average | -14.202 % | £-36,215 | £218,784 |
| 6 Month Average | 2.176 % | £5,549 | £260,549 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Jul 2016.
The average size of a house on PRESTON DRIVE is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Beechcroft Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beechcroft Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Beechcroft Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Preston Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chesterfield Drive |