£283,271
This estimated value is based upon the latest sale price for the house of £245,000 on 21 Dec 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £245,000 | 21 Dec 2020 |
| £192,500 | 1 Jun 2010 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2020 the House Price Index for SUFFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £245,000 results in an estimated price of approximately £283,271.
| 21 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £245,000 | £38,271 | £283,271 |
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 | 9.515 % | £23,310 | £268,310 |
| 3 Month Average | 16.217 % | £39,730 | £284,730 |
| 6 Month Average | 15.894 % | £38,939 | £283,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £273,401 | £265,000 | 17 ROWAN WAY |
| 8 Nov 2023 | £352,960 | £344,000 | 12 PLOVERS WAY |
| 29 Sep 2023 | £245,410 | £240,000 | 3 JELLICOE AVENUE |
| 11 Sep 2023 | £301,650 | £295,000 | 11 ROWAN WAY |
| 27 Apr 2022 | £264,543 | £255,000 | 11 JELLICOE AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 1 Jul 2020. Using an estimated price of £283,271 means this house is valued at £3,540 per sq meter (£328 per sq foot).
The average size of a house on JELLICOE AVENUE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnt Hill Way |
| Jul 2024 | Anti-social behaviour | On or near Cotmer Road | |
| Jul 2024 | Anti-social behaviour | On or near Cotmer Road | |
| Jul 2024 | Anti-social behaviour | On or near Cotmer Road | |
| Jul 2024 | Anti-social behaviour | On or near Cotmer Road |