£199,354
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £185,000 | 24 Sep 2021 |
| £250,000 | 7 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 September 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £185,000 results in an estimated price of approximately £199,354.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £185,000 | £14,354 | £199,354 |
The Postcode Pricing Model uses changes in average sales price within the CB8 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 | -6.297 % | £-11,648 | £173,351 |
| 3 Month Average | 18.074 % | £33,437 | £218,437 |
| 6 Month Average | -7.205 % | £-13,329 | £171,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £253,757 | £250,000 | FLAT 10 6 THE AVENUE |
| 22 Sep 2023 | £148,144 | £146,250 | 19 ARLINGTON COURT CHURCH LANE |
| 22 Sep 2023 | £143,079 | £141,250 | 16 ARLINGTON COURT CHURCH LANE |
| 22 Sep 2023 | £143,079 | £141,250 | 17 ARLINGTON COURT CHURCH LANE |
| 22 Sep 2023 | £148,144 | £146,250 | 18 ARLINGTON COURT CHURCH LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 29 Jan 2020. Using an estimated price of £199,355 means this house is valued at £2,975 per sq meter (£276 per sq foot).
The average size of a house on THE AVENUE is 168 sq meters (1,810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |