£279,971
This estimated value is based upon the latest sale price for the house of £215,000 on 27 Apr 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £215,000 | 27 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2017 the House Price Index for SUFFOLK was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £215,000 results in an estimated price of approximately £279,971.
| 27 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £215,000 | £64,971 | £279,971 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | 45.979 % | £98,855 | £313,855 |
| 3 Month Average | 40.767 % | £87,648 | £302,648 |
| 6 Month Average | 34.942 % | £75,124 | £290,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £335,605 | £330,000 | 111 ELLOUGH ROAD |
| 28 Feb 2023 | £216,446 | £215,000 | 82 ELLOUGH ROAD |
| 20 Sep 2022 | £239,840 | £240,000 | 9 CODLINS LANE |
| 1 Sep 2022 | £217,854 | £218,000 | 81 ELLOUGH ROAD |
| 8 Jul 2022 | £287,885 | £285,000 | 17 THE UPLANDS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 May 2016. Using an estimated price of £279,971 means this house is valued at £3,888 per sq meter (£361 per sq foot).
The average size of a house on ELLOUGH ROAD is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Codlins Lane |
| Sep 2024 | Anti-social behaviour | On or near Coney Hill | |
| Sep 2024 | Anti-social behaviour | On or near Coney Hill | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ellough Road |