£220,807
This estimated value is based upon the latest sale price for the house of £165,000 on 12 Sep 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 12 Sep 2016 |
| £121,000 | 16 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 September 2016 the House Price Index for SUFFOLK was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £165,000 results in an estimated price of approximately £220,807.
| 12 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £165,000 | £55,807 | £220,807 |
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 | 49.147 % | £81,092 | £246,092 |
| 3 Month Average | 40.754 % | £67,243 | £232,243 |
| 6 Month Average | 38.239 % | £63,094 | £228,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £255,810 | £250,000 | 26 MERRIFIELD ROAD |
| 8 Sep 2023 | £245,410 | £240,000 | 1 MERRIFIELD ROAD |
| 29 Jun 2023 | £260,215 | £255,000 | 100 SHIP ROAD |
| 26 Nov 2021 | £256,037 | £235,000 | 61 SHIP ROAD |
| 15 Sep 2021 | £282,248 | £260,000 | 73 SHIP ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 29 Aug 2012. Using an estimated price of £220,807 means this house is valued at £3,450 per sq meter (£320 per sq foot).
The average size of a house on CRANFIELD CLOSE is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lansdowne Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shelton Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Speedwell Close |
| Jul 2024 | Anti-social behaviour | On or near Flora Road | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Flora Road |