£317,183
This estimated value is based upon the latest sale price for the house of £168,500 on 15 Nov 2004. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £168,500 | 15 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2004 the House Price Index for SUFFOLK was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £168,500 results in an estimated price of approximately £317,183.
| 15 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £168,500 | £148,683 | £317,183 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 30.289 % | £51,037 | £219,537 |
| 3 Month Average | 25.227 % | £42,508 | £211,008 |
| 6 Month Average | 60.339 % | £101,670 | £270,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £237,658 | £233,500 | UNIT 9 MERCERS ROAD |
| 23 Nov 2023 | £456,762 | £450,000 | 2 LAYWOOD CLOSE |
| 18 Aug 2023 | £327,868 | £325,000 | 1 ST NICHOLAS CLOSE |
| 30 Jun 2023 | £2,692,616 | £2,660,000 | 40 HOLLOW ROAD |
| 11 Jan 2023 | £199,062 | £200,000 | UNIT 8 MERCERS ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Oct 2021. Using an estimated price of £317,183 means this house is valued at £3,604 per sq meter (£334 per sq foot).
The average size of a house on HOLLOW ROAD is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Hollow Road |
| Mar 2024 | Drugs | Under investigation | On or near Hollow Road |
| Mar 2024 | Drugs | Local resolution | On or near Hollow Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holderness Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holderness Road |