£256,771
This estimated value is based upon the latest sale price for the house of £197,500 on 14 Feb 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £197,500 | 14 Feb 2017 |
| £165,000 | 1 Nov 2013 |
| £150,000 | 18 Jan 2008 |
| £130,000 | 13 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2017 the House Price Index for SUFFOLK was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £197,500 results in an estimated price of approximately £256,771.
| 14 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £197,500 | £59,271 | £256,771 |
The Postcode Pricing Model uses changes in average sales price within the IP8 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 | -3.315 % | £-6,547 | £190,952 |
| 3 Month Average | 22.959 % | £45,344 | £242,844 |
| 6 Month Average | 22.872 % | £45,171 | £242,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £241,589 | £238,500 | 24 ACORN CLOSE |
| 8 Sep 2023 | £200,058 | £197,500 | 5 ACER GROVE |
| 6 Jun 2023 | £211,563 | £209,000 | 31 ACER GROVE |
| 28 Oct 2022 | £220,130 | £222,500 | 30 BUTTERCUP CLOSE |
| 2 Sep 2022 | £225,678 | £227,500 | 4 ACORN CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 27 Feb 2014. Using an estimated price of £256,772 means this house is valued at £2,951 per sq meter (£274 per sq foot).
The average size of a house on BUTTERCUP CLOSE is 63 sq meters (686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Acer Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Acer Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acer Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Acer Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Acer Grove |