£250,837
This estimated value is based upon the latest sale price for the house of £49,000 on 31 Jul 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £49,000 | 31 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 714 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 1997 the House Price Index for SUFFOLK was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £49,000 results in an estimated price of approximately £250,837.
| 31 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £49,000 | £201,837 | £250,837 |
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 | 448.630 % | £219,828 | £268,828 |
| 3 Month Average | 428.718 % | £210,071 | £259,071 |
| 6 Month Average | 432.217 % | £211,786 | £260,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £184,688 | £180,000 | 135 STRADBROKE ROAD |
| 19 Oct 2023 | £255,810 | £250,000 | 26 MERRIFIELD ROAD |
| 8 Sep 2023 | £245,410 | £240,000 | 1 MERRIFIELD ROAD |
| 29 Jun 2023 | £260,215 | £255,000 | 100 SHIP ROAD |
| 26 Nov 2021 | £256,037 | £235,000 | 61 SHIP ROAD |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 15 Dec 2010. Using an estimated price of £250,837 means this house is valued at £3,777 per sq meter (£350 per sq foot).
The average size of a house on MERRIFIELD ROAD is 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Flora Road | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Flora Road |
| Jul 2024 | Other theft | Under investigation | On or near Stradbroke Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lansdowne Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Newlands Close |