£480,396
This estimated value is based upon the latest sale price for the house of £279,995 on 22 Aug 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £279,995 | 22 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 August 2012 the House Price Index for SUFFOLK was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £279,995 results in an estimated price of approximately £480,396.
| 22 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £279,995 | £200,401 | £480,396 |
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 | 73.643 % | £206,197 | £486,192 |
| 3 Month Average | 73.070 % | £204,591 | £484,586 |
| 6 Month Average | 68.796 % | £192,625 | £472,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £680,000 | £680,000 | 29 COTMER ROAD |
| 27 Oct 2023 | £219,997 | £215,000 | 76 SYCAMORE AVENUE |
| 27 Oct 2023 | £208,741 | £204,000 | 78 SYCAMORE AVENUE |
| 12 Jan 2023 | £208,557 | £208,000 | 45 SYCAMORE AVENUE |
| 23 Aug 2022 | £165,775 | £165,000 | 64 SYCAMORE AVENUE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 28 May 2012. Using an estimated price of £480,396 means this house is valued at £3,782 per sq meter (£351 per sq foot).
The average size of a house on COTMER ROAD is 162 sq meters (1,753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Dixon Drive |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Sycamore Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Drive |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Broadland Close |