£554,818
This estimated value is based upon the latest sale price for the house of £550,000 on 19 Dec 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £550,000 | 19 Dec 2022 |
| £330,000 | 29 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2022 the House Price Index for SUFFOLK was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £550,000 results in an estimated price of approximately £554,818.
| 19 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £550,000 | £4,818 | £554,818 |
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 | -6.001 % | £-33,007 | £516,992 |
| 3 Month Average | -19.768 % | £-108,724 | £441,275 |
| 6 Month Average | -9.607 % | £-52,837 | £497,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £680,913 | £675,000 | 26 ASHMANS ROAD |
| 12 Apr 2024 | £438,811 | £435,000 | 2 MEADOW GARDENS |
| 1 Dec 2023 | £464,266 | £450,000 | 11 SOUTH CLOSE |
| 2 Oct 2023 | £429,761 | £420,000 | 14 SOUTH CLOSE |
| 3 Mar 2023 | £401,709 | £395,000 | 28 UPPER GRANGE ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 7 Dec 2017.
The average size of a house on RINGSFIELD ROAD is 163 sq meters (1,758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ringsfield Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Ringsfield Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ringsfield Road |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Nelson Way |
| Jul 2024 | Burglary | Under investigation | On or near Pilgrims Way |