£415,968
This estimated value is based upon the latest sale price for the house of £285,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £285,000 | 29 May 2015 |
| Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 2015 the House Price Index for SUFFOLK was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £285,000 results in an estimated price of approximately £415,968.
| 29 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £285,000 | £130,968 | £415,968 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | 44.130 % | £125,769 | £410,769 |
| 3 Month Average | 56.746 % | £161,725 | £446,725 |
| 6 Month Average | 52.957 % | £150,926 | £435,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £200,000 | £200,000 | 26 ROSEDALE GARDENS |
| 8 Dec 2023 | £290,075 | £285,000 | 343 LONG ROAD |
| 1 Aug 2022 | £204,450 | £205,000 | 2 ROZLYNE CLOSE |
| 21 Jun 2022 | £253,584 | £250,000 | 76 BROADWATERS ROAD |
| 4 Apr 2022 | £283,195 | £275,000 | 15 ROZLYNE CLOSE |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 26 Mar 2014. Using an estimated price of £415,969 means this house is valued at £2,446 per sq meter (£227 per sq foot).
The average size of a house on ELM TREE ROAD is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Velda Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Velda Close |
| Apr 2024 | Drugs | Offender given a caution | On or near Longbrook Close |
| Apr 2024 | Public order | Under investigation | On or near Longbrook Close |
| Jan 2024 | Other crime | Under investigation | On or near Longbrook Close |