£449,378
This estimated value is based upon the latest sale price for the house of £427,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £427,000 | 31 Jan 2022 |
| £310,000 | 17 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 January 2022 the House Price Index for SUFFOLK was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £427,000 results in an estimated price of approximately £449,378.
| 31 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £427,000 | £22,378 | £449,378 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 37.832 % | £161,543 | £588,543 |
| 3 Month Average | 1.841 % | £7,863 | £434,863 |
| 6 Month Average | 0.040 % | £171 | £427,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £430,504 | £425,000 | 2 MELPLASH CLOSE |
| 24 Jul 2023 | £476,412 | £470,000 | 21 CUCKFIELD AVENUE |
| 25 Apr 2023 | £361,391 | £357,500 | 45 ARUNDEL WAY |
| 15 Feb 2023 | £444,701 | £445,000 | 79 ARUNDEL WAY |
| 13 Jan 2023 | £378,218 | £380,000 | 13 MELPLASH ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 4 Aug 2021. Using an estimated price of £449,378 means this house is valued at £3,187 per sq meter (£296 per sq foot).
The average size of a house on ARUNDEL WAY is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wareham Avenue |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wimborne Avenue |
| Dec 2023 | Possession of weapons | Under investigation | On or near Wimborne Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Heathlands Park |