£224,182
This estimated value is based upon the latest sale price for the house of £145,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £145,000 | 23 May 2014 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2014 the House Price Index for SUFFOLK was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £145,000 results in an estimated price of approximately £224,182.
| 23 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £145,000 | £79,182 | £224,182 |
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 | 34.367 % | £49,832 | £194,832 |
| 3 Month Average | 53.275 % | £77,248 | £222,248 |
| 6 Month Average | 54.506 % | £79,033 | £224,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £253,064 | £249,999 | 65A WESTWOOD AVENUE |
| 27 Jan 2023 | £221,954 | £223,000 | 62 HOMEFIELD AVENUE |
| 10 Aug 2022 | £227,388 | £228,000 | 37 WESTLAND ROAD |
| 6 Jul 2022 | £223,602 | £223,000 | 25 WESTLAND ROAD |
| 23 May 2022 | £224,225 | £220,000 | 55 PINEWOOD AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Sep 2013. Using an estimated price of £224,183 means this house is valued at £3,249 per sq meter (£301 per sq foot).
The average size of a house on PINEWOOD AVENUE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Staithe |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near The Staithe |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Westwood Avenue |
| Mar 2024 | Anti-social behaviour | On or near Westwood Avenue | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westwood Avenue |