£382,974
This estimated value is based upon the latest sale price for the house of £310,000 on 14 Oct 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £310,000 | 14 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 184 sq meters or 1,980 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 October 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £310,000 results in an estimated price of approximately £382,974.
| 14 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £310,000 | £72,974 | £382,974 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 22.997 % | £71,289 | £381,289 |
| 3 Month Average | 17.339 % | £53,751 | £363,751 |
| 6 Month Average | 22.272 % | £69,043 | £379,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £204,648 | £200,000 | 7 FERNDALE AVENUE |
| 17 Feb 2023 | £216,446 | £215,000 | 14 CLOVELLY RISE |
| 4 Nov 2022 | £159,255 | £160,000 | 53 FIR LANE |
| 1 Sep 2022 | £179,880 | £180,000 | 60 OULTON ROAD |
| 5 Aug 2022 | £361,691 | £360,000 | 29 FERNDALE AVENUE |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 19 Apr 2016. Using an estimated price of £382,974 means this house is valued at £2,081 per sq meter (£193 per sq foot).
The average size of a house on FERNDALE AVENUE is 96 sq meters (1,042 sq feet).
This house is the largest in the street with a floor area of 184 sq meters (1,980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Elmore Gardens |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Elmore Gardens |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Elmore Gardens |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |