£312,526
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Apr 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 13 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 £240,000 results in an estimated price of approximately £312,526.
| 13 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £240,000 | £72,526 | £312,526 |
The Postcode Pricing Model uses changes in average sales price within the NR35 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 | 53.006 % | £127,213 | £367,213 |
| 3 Month Average | 33.263 % | £79,830 | £319,830 |
| 6 Month Average | 25.269 % | £60,646 | £300,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £331,413 | £323,000 | 8 MAYFAIR ROAD |
| 20 Oct 2023 | £404,180 | £395,000 | 8 HILLSIDE ROAD EAST |
| 16 Jun 2023 | £224,499 | £220,000 | 87 JOYCE ROAD |
| 31 Mar 2023 | £264,416 | £260,000 | 19 HILLSIDE ROAD EAST |
| 1 Mar 2023 | £279,671 | £275,000 | 10 KENTS LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 30 Mar 2016. Using an estimated price of £312,526 means this house is valued at £4,112 per sq meter (£382 per sq foot).
The average size of a house on FARM CLOSE is 140 sq meters (1,515 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joyce Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joyce Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Joyce Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Joyce Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Joyce Road |