£128,602
This estimated value is based upon the latest sale price for the house of £55,000 on 23 May 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £55,000 | 23 May 2003 |
| £35,500 | 14 Apr 2000 |
| £30,500 | 21 Jan 2000 |
| Terraced |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 May 2003 the House Price Index for SUFFOLK was 62.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 133.823%.Applying this 133.823% change to the original purchase price of £55,000 results in an estimated price of approximately £128,602.
| 23 May 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 146.7 | 133.823 % | £55,000 | £73,602 | £128,602 |
The Postcode Pricing Model uses changes in average sales price within the IP2 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 | 175.004 % | £96,252 | £151,252 |
| 3 Month Average | 114.325 % | £62,878 | £117,878 |
| 6 Month Average | 144.600 % | £79,529 | £134,529 |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 11 Jun 2010.
The average size of a house on DOWNING CLOSE is 95 sq meters (1,029 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Downing Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Downing Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cambridge Drive |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Magdalene Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Magdalene Close |