£171,728
This estimated value is based upon the latest sale price for the house of £138,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £138,000 | 15 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £138,000 results in an estimated price of approximately £171,728.
| 15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £138,000 | £33,728 | £171,728 |
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 | 37.640 % | £51,943 | £189,943 |
| 3 Month Average | 22.098 % | £30,495 | £168,495 |
| 6 Month Average | 20.281 % | £27,988 | £165,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £206,796 | £205,000 | 16 CASTLE HILL |
| 15 Mar 2024 | £502,724 | £495,000 | VALLEY VIEW LOWESTOFT ROAD |
| 27 Jan 2023 | £280,750 | £280,000 | 18 MARSH VIEW |
| 8 Jul 2022 | £282,834 | £280,000 | 14 MARSH VIEW |
| 17 Jun 2022 | £281,007 | £275,000 | 23 MARSH VIEW |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 19 Oct 2018. Using an estimated price of £171,729 means this house is valued at £2,601 per sq meter (£241 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 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hipperson Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hipperson Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hipperson Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Harris Way |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Harris Way |