£719,903
This estimated value is based upon the latest sale price for the house of £500,000 on 19 Aug 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £500,000 | 19 Aug 2015 |
| £383,000 | 8 Sep 2006 |
| £195,000 | 12 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 August 2015 the House Price Index for SUFFOLK was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £500,000 results in an estimated price of approximately £719,903.
| 19 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £500,000 | £219,903 | £719,903 |
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 | 23.089 % | £115,446 | £615,446 |
| 3 Month Average | 47.431 % | £237,152 | £737,152 |
| 6 Month Average | 39.187 % | £195,933 | £695,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £324,993 | £320,000 | 141 NEW QUEENS ROAD |
| 10 Nov 2023 | £402,723 | £392,500 | 76 MELFORD ROAD |
| 15 Sep 2023 | £331,303 | £324,000 | 130 NEW QUEENS ROAD |
| 4 Sep 2023 | £199,396 | £195,000 | 107 MELFORD ROAD |
| 21 Apr 2023 | £514,626 | £505,000 | 10 WOODHALL ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 30 Jul 2014. Using an estimated price of £719,904 means this house is valued at £6,665 per sq meter (£619 per sq foot).
The average size of a house on MELFORD ROAD is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Queens Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Queens Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near New Queens Road |
| Jun 2024 | Anti-social behaviour | On or near Manor Road | |
| Jun 2024 | Anti-social behaviour | On or near Manor Road |