£197,607
This estimated value is based upon the latest sale price for the house of £42,000 on 31 Jul 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £42,000 | 31 Jul 1998 |
| £38,000 | 6 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 1998 the House Price Index for SUFFOLK was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £42,000 results in an estimated price of approximately £197,607.
| 31 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.495 % | £42,000 | £155,607 | £197,607 |
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 | 399.328 % | £167,717 | £209,717 |
| 3 Month Average | 423.425 % | £177,838 | £219,838 |
| 6 Month Average | 417.028 % | £175,151 | £217,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £360,000 | £360,000 | 27 YARROW DRIVE |
| 17 Apr 2024 | £110,964 | £110,000 | 41 HOLLOW GROVE WAY |
| 20 Dec 2023 | £193,444 | £187,500 | 35 DAFFODIL WALK |
| 8 Sep 2023 | £306,762 | £300,000 | 1 COPSE WALK |
| 23 Mar 2023 | £193,227 | £190,000 | 15 DAFFODIL WALK |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 3 Feb 2020. Using an estimated price of £197,608 means this house is valued at £2,470 per sq meter (£229 per sq foot).
The average size of a house on HOLLOW GROVE WAY is 67 sq meters (725 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Hollow Grove Way | |
| Jun 2024 | Anti-social behaviour | On or near Hollow Grove Way | |
| May 2024 | Anti-social behaviour | On or near Celandine Close | |
| May 2024 | Anti-social behaviour | On or near Celandine Close | |
| May 2024 | Anti-social behaviour | On or near Celandine Close |