£489,908
This estimated value is based upon the latest sale price for the house of £485,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £485,000 | 15 Jul 2022 |
| £280,000 | 8 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 2022 the House Price Index for SUFFOLK was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £485,000 results in an estimated price of approximately £489,908.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £485,000 | £4,908 | £489,908 |
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 | 2.167 % | £10,510 | £495,510 |
| 3 Month Average | 8.686 % | £42,124 | £527,124 |
| 6 Month Average | 0.203 % | £984 | £485,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £410,000 | £410,000 | 14 MELFORD ROAD |
| 20 Dec 2023 | £464,266 | £450,000 | 38 MELFORD ROAD |
| 10 Nov 2023 | £402,723 | £392,500 | 76 MELFORD ROAD |
| 4 Sep 2023 | £199,396 | £195,000 | 107 MELFORD ROAD |
| 16 Jun 2023 | £545,941 | £535,000 | 32 MELFORD ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 8 Oct 2013. Using an estimated price of £489,909 means this house is valued at £2,916 per sq meter (£270 per sq foot).
The average size of a house on MELFORD ROAD is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Queens Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near New Queens Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Queens Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |