£279,283
This estimated value is based upon the latest sale price for the house of £160,000 on 18 May 2006. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£160,000 | 18 May 2006 |
Detached |
Freehold |
Floor Area: 136 sq meters or 1,463 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 2006 the House Price Index for SUFFOLK was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £160,000 results in an estimated price of approximately £279,283.
18 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.552 % | £160,000 | £119,283 | £279,283 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | 26.029 % | £41,646 | £201,646 |
3 Month Average | 75.835 % | £121,336 | £281,336 |
6 Month Average | 93.371 % | £149,393 | £309,393 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £366,411 | £360,000 | 21 MEADOW GARDENS |
3 Mar 2023 | £398,757 | £395,000 | 28 UPPER GRANGE ROAD |
3 Mar 2023 | £363,424 | £360,000 | 11 MEADOW GARDENS |
31 Jan 2023 | £226,433 | £227,500 | 50 SOUTH ROAD |
12 Jan 2023 | £472,773 | £475,000 | 1 MEADOW GARDENS |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 29 May 2012. Using an estimated price of £279,283 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on MEADOW GARDENS is 91 sq meters (982 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,463 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Gardens |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Gardens |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Meadow Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near London Road |
Mar 2024 | Other crime | Under investigation | On or near London Road |