£296,190
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Jan 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 27 Jan 2017 |
| £187,000 | 2 Jul 2015 |
| £91,000 | 5 Nov 2001 |
| £47,500 | 17 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2017 the House Price Index for SUFFOLK was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £225,000 results in an estimated price of approximately £296,190.
| 27 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £225,000 | £71,190 | £296,190 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 12.972 % | £29,186 | £254,186 |
| 3 Month Average | 28.844 % | £64,900 | £289,900 |
| 6 Month Average | 19.966 % | £44,923 | £269,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £464,266 | £450,000 | 38 MELFORD ROAD |
| 10 Nov 2023 | £402,723 | £392,500 | 76 MELFORD ROAD |
| 15 Sep 2023 | £331,303 | £324,000 | 130 NEW QUEENS ROAD |
| 4 Sep 2023 | £199,396 | £195,000 | 107 MELFORD ROAD |
| 16 Jun 2023 | £545,941 | £535,000 | 32 MELFORD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 May 2015. Using an estimated price of £296,190 means this house is valued at £3,656 per sq meter (£339 per sq foot).
The average size of a house on QUEENS ROAD is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Queens Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near New Queens Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Queens Road |
| Apr 2024 | Public order | Offender given a caution | On or near York Road |
| Jun 2024 | Anti-social behaviour | On or near Manor Road |