£315,922
This estimated value is based upon the latest sale price for the house of £59,950 on 10 Apr 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£59,950 | 10 Apr 1997 |
Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 1997 the House Price Index for SUFFOLK was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £59,950 results in an estimated price of approximately £315,922.
10 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 426.976 % | £59,950 | £255,972 | £315,922 |
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 | 561.204 % | £336,441 | £396,391 |
3 Month Average | 521.105 % | £312,402 | £372,352 |
6 Month Average | 463.935 % | £278,129 | £338,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £283,718 | £275,000 | 2 HILLSIDE AVENUE |
10 Nov 2023 | £241,121 | £235,000 | 11 HILLSIDE AVENUE |
9 Jun 2023 | £346,953 | £340,000 | 119 ELLOUGH ROAD |
29 Apr 2022 | £300,852 | £290,000 | 123 ELLOUGH ROAD |
20 Apr 2022 | £259,355 | £250,000 | 28 HILLRISE CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Jun 2021. Using an estimated price of £315,922 means this house is valued at £4,102 per sq meter (£381 per sq foot).
The average size of a house on ELLOUGH ROAD is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Ellough Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |