£134,913
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Dec 2021 |
| £25,000 | 15 May 1996 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2021 the House Price Index for SUFFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £125,000 results in an estimated price of approximately £134,913.
| 15 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £125,000 | £9,913 | £134,913 |
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 | 4.783 % | £5,978 | £130,978 |
| 3 Month Average | 4.292 % | £5,364 | £130,364 |
| 6 Month Average | 3.967 % | £4,959 | £129,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £242,102 | £240,000 | 17 GRAYSON AVENUE |
| 3 Nov 2023 | £225,730 | £220,000 | 34 GRAYSON AVENUE |
| 21 Oct 2022 | £14,950 | £15,000 | BEACH HUT 17 JUBILEE PARADE |
| 20 Sep 2022 | £34,977 | £35,000 | BEACH HUT 5 JUBILEE PARADE |
| 7 Apr 2022 | £250,537 | £241,500 | 21 WILLOW ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 May 2021. Using an estimated price of £134,913 means this house is valued at £1,927 per sq meter (£179 per sq foot).
The average size of a house on WILLOW ROAD is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Harrison Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cliftonville |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Huntingdon Close |
| Oct 2024 | Anti-social behaviour | On or near Cliftonville Road | |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near London Road Pakefield |