12, SPRING CLOSE, RENDLESHAM, WOODBRIDGE, IP12 2UQ - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SPRING CLOSE is a semi-detached house, which could now be worth an estimated £248,825. It was last sold for £225,000 in August 2021, which was around 8% below the average August 2021 semi-detached price in the East Suffolk local authority area.

12 SPRING CLOSE Sold Prices

Land registry data shows three sales for 12 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 12 SPRING CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 2 AUG	£225,000	£244,679	8% below HPI
2005 3 AUG	£120,000	£148,236	19% below HPI
2002 31 MAY	£82,000	£93,934	13% below HPI

What might 12 SPRING CLOSE be worth now?

12 SPRING CLOSE might now be worth an estimated £248,825.

This is based on house price inflation of 10.6%, between August 2021 and April 2026, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.6% inflationary increase is applied to the most recent sale price for 12 SPRING CLOSE of £225,000 on 2nd August 2021. For the value to have increased from £225,000 to £248,825 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 12 SPRING CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The August 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPRING CLOSE has not materially changed since August 2021.

Where is 12 SPRING CLOSE?

12 SPRING CLOSE is located in RENDLESHAM, in the IP12 postcode district.