£344,168
This estimated value is based upon the latest sale price for the house of £340,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £340,000 | 9 Jun 2023 |
| £160,000 | 27 Oct 2011 |
| £176,000 | 26 Aug 2005 |
| £140,000 | 23 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,052 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 June 2023 the House Price Index for SUFFOLK was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £340,000 results in an estimated price of approximately £344,168.
| 9 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £340,000 | £4,168 | £344,168 |
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 | -31.666 % | £-107,665 | £232,334 |
| 3 Month Average | -7.519 % | £-25,562 | £314,437 |
| 6 Month Average | -4.293 % | £-14,595 | £325,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £279,897 | £275,000 | 2 HILLSIDE AVENUE |
| 10 Nov 2023 | £238,531 | £235,000 | 11 HILLSIDE AVENUE |
| 19 Jul 2023 | £285,847 | £282,000 | 32 HIGHLAND DRIVE |
| 9 Jun 2023 | £344,169 | £340,000 | 119 ELLOUGH ROAD |
| 29 Apr 2022 | £298,642 | £290,000 | 123 ELLOUGH ROAD |
This house has a floor area of 97 sq meters or 1,052 sq feet when measured on 14 Mar 2011. Using an estimated price of £344,169 means this house is valued at £3,519 per sq meter (£326 per sq foot).
The average size of a house on ELLOUGH ROAD is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillside Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillside Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coney Hill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coney Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Close |