£223,426
This estimated value is based upon the latest sale price for the house of £74,950 on 6 Mar 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £74,950 | 6 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2002 the House Price Index for SUFFOLK was 49.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 198.101%.Applying this 198.101% change to the original purchase price of £74,950 results in an estimated price of approximately £223,426.
| 6 Mar 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 146.7 | 198.101 % | £74,950 | £148,476 | £223,426 |
The Postcode Pricing Model uses changes in average sales price within the IP27 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 | 303.569 % | £227,525 | £302,475 |
| 3 Month Average | 242.207 % | £181,534 | £256,484 |
| 6 Month Average | 199.414 % | £149,460 | £224,410 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 1 Mar 2013.
The average size of a house on MARTIN CLOSE is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swallow Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Swallow Drive |
| Mar 2024 | Anti-social behaviour | On or near Chestnut Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Close |