£846,667
This estimated value is based upon the latest sale price for the house of £668,000 on 22 Sep 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £668,000 | 22 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 September 2017 the House Price Index for SUFFOLK was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £668,000 results in an estimated price of approximately £846,667.
| 22 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £668,000 | £178,667 | £846,667 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 0.081 % | £542 | £668,542 |
| 3 Month Average | 7.511 % | £50,176 | £718,176 |
| 6 Month Average | 5.104 % | £34,092 | £702,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £243,274 | £240,000 | 47 RIDLEY ROAD |
| 16 Jun 2023 | £344,169 | £340,000 | 32 BOCKHILL ROAD |
| 31 Jan 2023 | £423,007 | £425,000 | 7 FLEMYNG ROAD |
| 16 Sep 2022 | £456,315 | £460,000 | 5 FLEMYNG ROAD |
| 14 Jul 2022 | £436,174 | £435,000 | 1 PADDOCK CLOSE |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 14 Apr 2017. Using an estimated price of £846,667 means this house is valued at £4,838 per sq meter (£449 per sq foot).
The average size of a house on WESTLEY ROAD is 153 sq meters (1,656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paddock Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paddock Close |
| Feb 2024 | Anti-social behaviour | On or near Paddock Close | |
| Feb 2024 | Anti-social behaviour | On or near Paddock Close |