£342,273
This estimated value is based upon the latest sale price for the house of £275,000 on 6 Jun 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 6 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 June 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £275,000 results in an estimated price of approximately £342,273.
| 6 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £275,000 | £67,273 | £342,273 |
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 | 31.969 % | £87,915 | £362,915 |
| 3 Month Average | 28.639 % | £78,758 | £353,758 |
| 6 Month Average | 17.493 % | £48,105 | £323,105 |
| 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 |
| 16 Jun 2023 | £545,941 | £535,000 | 32 MELFORD ROAD |
| 22 Mar 2023 | £152,548 | £150,000 | 47 MELFORD ROAD |
| 25 Nov 2022 | £164,282 | £165,050 | 11 CLARENCE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 Apr 2013. Using an estimated price of £342,274 means this house is valued at £3,422 per sq meter (£317 per sq foot).
The average size of a house on QUEENS ROAD is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Offender given a caution | On or near York Road |
| May 2024 | Anti-social behaviour | On or near Humphry Road | |
| May 2024 | Anti-social behaviour | On or near Humphry Road | |
| May 2024 | Anti-social behaviour | On or near Humphry Road | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |