£163,592
This estimated value is based upon the latest sale price for the house of £162,500 on 17 Feb 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Olive Close
More crime details
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Price Paid | Date |
---|---|
£162,500 | 17 Feb 2023 |
£202,000 | 9 Jul 2018 |
Detached |
Freehold |
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 2023 the House Price Index for SUFFOLK was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £162,500 results in an estimated price of approximately £163,592.
17 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £162,500 | £1,092 | £163,592 |
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 | -22.012 % | £-35,770 | £126,729 |
3 Month Average | -5.403 % | £-8,780 | £153,719 |
6 Month Average | -9.111 % | £-14,805 | £147,694 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £223,433 | £220,000 | 5 WHITEWOOD WALK |
17 Feb 2023 | £163,593 | £162,500 | 5 RADCLIFFE ROAD |
3 Feb 2023 | £307,051 | £305,000 | 2 OLIVE CLOSE |
31 May 2022 | £277,222 | £270,000 | 8 CHERRY LANE |
13 May 2022 | £229,992 | £224,000 | 21 WHITEWOOD WALK |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Olive Close |
Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cherry Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitewood Walk |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Spruce Close |
May 2024 | Other theft | Unable to prosecute suspect | On or near Spruce Close |