£346,003
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Dec 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 3 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2015 the House Price Index for SUFFOLK was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £250,000 results in an estimated price of approximately £346,003.
| 3 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £250,000 | £96,003 | £346,003 |
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 | 21.917 % | £54,793 | £304,793 |
| 3 Month Average | 45.617 % | £114,042 | £364,042 |
| 6 Month Average | 46.418 % | £116,044 | £366,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £376,589 | £370,000 | 5 ROCHESTER WAY |
| 31 Jul 2023 | £430,798 | £425,000 | 24 GLOUCESTER WAY |
| 3 Feb 2023 | £344,768 | £345,000 | 20 COLNEYS CLOSE |
| 20 Jan 2023 | £612,117 | £615,000 | 4 ROCHESTER WAY |
| 30 Mar 2022 | £777,197 | £750,000 | 148 MELFORD ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 May 2016. Using an estimated price of £346,003 means this house is valued at £3,887 per sq meter (£361 per sq foot).
The average size of a house on ROCHESTER WAY is 141 sq meters (1,527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Bartholomews Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crayford Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Crayford Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crayford Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Crayford Road |