£504,617
This estimated value is based upon the latest sale price for the house of £365,000 on 14 Jan 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £365,000 | 14 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 January 2016 the House Price Index for SUFFOLK was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £365,000 results in an estimated price of approximately £504,617.
| 14 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £365,000 | £139,617 | £504,617 |
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 | 32.854 % | £119,917 | £484,917 |
| 3 Month Average | 52.221 % | £190,606 | £555,606 |
| 6 Month Average | 46.746 % | £170,621 | £535,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £244,908 | £240,000 | 19 LONG MEADOW WALK |
| 7 Feb 2023 | £629,203 | £625,000 | 12 ELM TREE ROAD WEST |
| 31 Oct 2022 | £393,685 | £395,000 | 101 COTMER ROAD |
| 10 Dec 2021 | £264,430 | £245,000 | 1 ASH CLOSE |
| 22 Sep 2021 | £407,088 | £375,000 | 2 THE RIDGEWAYS |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 21 Jun 2013. Using an estimated price of £504,617 means this house is valued at £3,604 per sq meter (£334 per sq foot).
The average size of a house on THE RIDGEWAYS is 152 sq meters (1,637 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Elm Tree Road |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sedlescombe Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sedlescombe Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Long Meadow Walk |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodpecker Avenue |