£267,383
This estimated value is based upon the latest sale price for the house of £175,000 on 2 Jul 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £175,000 | 2 Jul 2014 |
| £142,500 | 30 Jun 2006 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 July 2014 the House Price Index for SUFFOLK was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £175,000 results in an estimated price of approximately £267,383.
| 2 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £175,000 | £92,383 | £267,383 |
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 | 57.645 % | £100,878 | £275,878 |
| 3 Month Average | 51.568 % | £90,244 | £265,244 |
| 6 Month Average | 54.780 % | £95,864 | £270,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £426,312 | £420,000 | 4 MEADOWSWEET CLOSE |
| 3 Nov 2023 | £324,809 | £320,000 | 6 MEADOWSWEET CLOSE |
| 6 Jul 2023 | £304,093 | £300,000 | 3 SISKIN GREEN |
| 29 Sep 2022 | £337,276 | £340,000 | 22 FULMAR WAY |
| 26 Aug 2022 | £309,168 | £310,000 | 3 FULMAR WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 27 Mar 2013. Using an estimated price of £267,383 means this house is valued at £2,906 per sq meter (£270 per sq foot).
The average size of a house on BURNT HILL WAY is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodpecker Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Close |
| Apr 2024 | Anti-social behaviour | On or near Grove Road North | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Grove Road North |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Chichester Drive |