£477,909
This estimated value is based upon the latest sale price for the house of £392,500 on 23 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £392,500 | 23 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.760%.Applying this 21.760% change to the original purchase price of £392,500 results in an estimated price of approximately £477,909.
| 23 Jul 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.760 % | £392,500 | £85,409 | £477,909 |
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 | -2.841 % | £-11,150 | £381,349 |
| 3 Month Average | 2.509 % | £9,849 | £402,349 |
| 6 Month Average | 6.112 % | £23,988 | £416,488 |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 24 May 2018.
The average size of a house on GREENWAYS CLOSE is 189 sq meters (2,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Edmund'S Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Constitution Hill |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broughton Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Ivry Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Theatre/Concert Hall |