£507,919
This estimated value is based upon the latest sale price for the house of £348,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £348,000 | 22 May 2015 |
| Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 2015 the House Price Index for SUFFOLK was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £348,000 results in an estimated price of approximately £507,919.
| 22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £348,000 | £159,919 | £507,919 |
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 | 44.130 % | £153,570 | £501,570 |
| 3 Month Average | 56.746 % | £197,475 | £545,475 |
| 6 Month Average | 52.957 % | £184,289 | £532,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Feb 2023 | £389,738 | £390,000 | 17 GRAND AVENUE |
| 10 Feb 2023 | £433,208 | £433,500 | 24 CLIFTONVILLE ROAD |
| 29 Jul 2022 | £275,742 | £275,000 | 35 FLORENCE ROAD |
| 10 May 2022 | £392,394 | £385,000 | 20 GRAND AVENUE |
| 14 Apr 2022 | £437,665 | £425,000 | 25 CLIFTONVILLE ROAD |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 21 Jan 2015. Using an estimated price of £507,920 means this house is valued at £2,869 per sq meter (£266 per sq foot).
The average size of a house on GRAND AVENUE is 117 sq meters (1,264 sq feet).
This house is the largest in the street with a floor area of 177 sq meters (1,905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Irex Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Prospect Place |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Prospect Place |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Ferini Gardens |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saxon Road |