£318,747
This estimated value is based upon the latest sale price for the house of £239,950 on 27 Sep 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £239,950 | 27 Sep 2016 |
| £188,000 | 10 Mar 2006 |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 September 2016 the House Price Index for SUFFOLK was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £239,950 results in an estimated price of approximately £318,747.
| 27 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £239,950 | £78,797 | £318,747 |
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 | 28.980 % | £69,538 | £309,488 |
| 3 Month Average | 34.290 % | £82,279 | £322,229 |
| 6 Month Average | 35.637 % | £85,510 | £325,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £279,133 | £275,000 | 10 CLEVELAND ROAD |
| 25 Aug 2023 | £146,280 | £145,000 | 14 MILL ROAD |
| 21 Jun 2023 | £202,452 | £200,000 | 17 GROSVENOR ROAD |
| 31 Mar 2023 | £223,102 | £221,000 | 41 WINDSOR ROAD |
| 5 Aug 2022 | £106,214 | £106,500 | 13 MILL ROAD |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 26 Feb 2016. Using an estimated price of £318,747 means this house is valued at £1,811 per sq meter (£168 per sq foot).
The average size of a house on MILL ROAD is 119 sq meters (1,287 sq feet).
This house is the largest in the street with a floor area of 176 sq meters (1,894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mill Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mill Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Mill Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mill Road |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Mill Road |