£233,892
This estimated value is based upon the latest sale price for the house of £147,500 on 31 Mar 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£147,500 | 31 Mar 2014 |
£110,000 | 25 Feb 2004 |
Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 March 2014 the House Price Index for SUFFOLK was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £147,500 results in an estimated price of approximately £233,892.
31 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £147,500 | £86,392 | £233,892 |
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 | 67.122 % | £99,004 | £246,504 |
3 Month Average | 63.648 % | £93,880 | £241,380 |
6 Month Average | 60.168 % | £88,748 | £236,248 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £199,532 | £195,000 | 28 FULMAR WAY |
25 Oct 2023 | £358,134 | £350,000 | 41 BURNT HILL WAY |
20 Mar 2023 | £127,123 | £125,000 | 3 BITTERN GREEN |
29 Sep 2022 | £339,773 | £340,000 | 22 FULMAR WAY |
26 Aug 2022 | £311,456 | £310,000 | 3 FULMAR WAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Apr 2015. Using an estimated price of £233,893 means this house is valued at £3,341 per sq meter (£310 per sq foot).
The average size of a house on BURNT HILL WAY is 85 sq meters (917 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnt Hill Way |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Chichester Drive |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fulmar Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kingfisher Court |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingfisher Court |