£465,419
This estimated value is based upon the latest sale price for the house of £277,500 on 4 Apr 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £277,500 | 4 Apr 2013 |
| £75,000 | 2 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 April 2013 the House Price Index for SUFFOLK was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £277,500 results in an estimated price of approximately £465,419.
| 4 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £277,500 | £187,919 | £465,419 |
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 | 58.064 % | £161,128 | £438,628 |
| 3 Month Average | 64.184 % | £178,111 | £455,611 |
| 6 Month Average | 70.401 % | £195,362 | £472,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £254,452 | £250,000 | 19 CEDAR DRIVE |
| 29 Nov 2023 | £329,884 | £325,000 | 2 CEDAR DRIVE |
| 31 Jul 2023 | £251,383 | £248,000 | 3 SANDBANK ROAD |
| 24 Mar 2023 | £227,140 | £225,000 | 8 CLIFFORD DRIVE |
| 27 Jan 2023 | £440,425 | £442,500 | 126 ELM TREE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Feb 2013. Using an estimated price of £465,420 means this house is valued at £5,171 per sq meter (£480 per sq foot).
There is one other house on the street which we know the size of, this is 2 ELMCROFT it is 92.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clifford Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Long Meadow Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Long Meadow Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Long Meadow Walk |
| Apr 2024 | Bicycle theft | Under investigation | On or near Velda Close |