£204,508
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£200,000 | 15 Sep 2023 |
£119,500 | 2 May 2008 |
£25,200 | 29 Nov 2001 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 2023 the House Price Index for SUFFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £200,000 results in an estimated price of approximately £204,508.
15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £200,000 | £4,508 | £204,508 |
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 | 12.892 % | £25,784 | £225,784 |
3 Month Average | 12.511 % | £25,021 | £225,021 |
6 Month Average | 2.893 % | £5,786 | £205,786 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £76,953 | £75,000 | 76 BRIARWOOD ROAD |
2 Oct 2023 | £221,020 | £216,000 | 1 SPRINGFIELD GARDENS |
15 Sep 2023 | £204,508 | £200,000 | 40 GREENFIELD ROAD |
28 Feb 2023 | £196,311 | £195,000 | 41 GREENFIELD ROAD |
16 Feb 2023 | £183,224 | £182,000 | 10 OAKWOOD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 4 Dec 2014. Using an estimated price of £204,508 means this house is valued at £2,405 per sq meter (£223 per sq foot).
The average size of a house on GREENFIELD ROAD is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Greenfield Road |
Oct 2024 | Other crime | Under investigation | On or near Springfield Gardens |
Aug 2024 | Other crime | Under investigation | On or near Springfield Gardens |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Gardens |