£624,579
This estimated value is based upon the latest sale price for the house of £625,000 on 7 Feb 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £625,000 | 7 Feb 2023 |
| £373,000 | 19 Aug 2016 |
| £145,000 | 27 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 February 2023 the House Price Index for SUFFOLK was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £625,000 results in an estimated price of approximately £624,579.
| 7 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £625,000 | £-420 | £624,579 |
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 | -31.996 % | £-199,976 | £425,023 |
| 3 Month Average | -8.907 % | £-55,671 | £569,328 |
| 6 Month Average | -5.915 % | £-36,966 | £588,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Feb 2023 | £624,580 | £625,000 | 12 ELM TREE ROAD WEST |
| 31 Oct 2022 | £390,792 | £395,000 | 101 COTMER ROAD |
| 5 May 2022 | £733,827 | £720,000 | 55 COTMER ROAD |
| 8 Mar 2022 | £321,241 | £310,000 | 97 COTMER ROAD |
| 10 Dec 2021 | £262,487 | £245,000 | 1 ASH CLOSE |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 16 Sep 2015. Using an estimated price of £624,580 means this house is valued at £3,431 per sq meter (£318 per sq foot).
The average size of a house on ELM TREE ROAD WEST is 124 sq meters (1,337 sq feet).
This house is the largest in the street with a floor area of 182 sq meters (1,959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodpecker Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Cotmer Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotmer Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotmer Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotmer Road |