£354,388
This estimated value is based upon the latest sale price for the house of £215,000 on 21 Oct 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £215,000 | 21 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 920 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 October 2013 the House Price Index for SUFFOLK was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £215,000 results in an estimated price of approximately £354,388.
| 21 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £215,000 | £139,388 | £354,388 |
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 | 60.905 % | £130,945 | £345,945 |
| 3 Month Average | 64.579 % | £138,845 | £353,845 |
| 6 Month Average | 64.529 % | £138,736 | £353,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £283,718 | £275,000 | 10 BEVERLEY CLOSE |
| 8 Nov 2023 | £352,960 | £344,000 | 12 PLOVERS WAY |
| 7 Feb 2023 | £629,203 | £625,000 | 12 ELM TREE ROAD WEST |
| 3 Aug 2022 | £241,128 | £240,000 | 15 BEVERLEY CLOSE |
| 5 May 2022 | £739,259 | £720,000 | 55 COTMER ROAD |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 20 Jul 2011. Using an estimated price of £354,388 means this house is valued at £4,141 per sq meter (£384 per sq foot).
The average size of a house on COTMER ROAD is 162 sq meters (1,753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Cotmer Road | |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Cotmer Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shoals Walk |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodpecker Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodpecker Avenue |