£496,372
This estimated value is based upon the latest sale price for the house of £425,000 on 2 Nov 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £425,000 | 2 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 November 2020 the House Price Index for SUFFOLK was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £425,000 results in an estimated price of approximately £496,372.
| 2 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £425,000 | £71,372 | £496,372 |
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 | 12.087 % | £51,370 | £476,370 |
| 3 Month Average | 17.459 % | £74,201 | £499,201 |
| 6 Month Average | 17.716 % | £75,291 | £500,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £210,000 | £210,000 | 14 CONRAD ROAD |
| 19 Jul 2024 | £320,000 | £320,000 | 35 BECCLES ROAD |
| 3 May 2024 | £680,000 | £680,000 | 29 COTMER ROAD |
| 7 Mar 2024 | £289,447 | £285,000 | 3 BROADLAND CLOSE |
| 11 Dec 2023 | £283,718 | £275,000 | 10 BEVERLEY CLOSE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 13 Oct 2020. Using an estimated price of £496,373 means this house is valued at £3,309 per sq meter (£307 per sq foot).
The average size of a house on COTMER ROAD is 162 sq meters (1,753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Broadland Close |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Broadland Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairfield Road |