£578,440
This estimated value is based upon the latest sale price for the house of £102,000 on 12 May 1995. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £102,000 | 12 May 1995 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 May 1995 the House Price Index for SUFFOLK was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £102,000 results in an estimated price of approximately £578,440.
| 12 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.098 % | £102,000 | £476,440 | £578,440 |
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 | 558.355 % | £569,521 | £671,521 |
| 3 Month Average | 502.521 % | £512,571 | £614,571 |
| 6 Month Average | 485.490 % | £495,200 | £597,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £415,000 | £415,000 | 12 UPPER GRANGE ROAD |
| 12 Apr 2024 | £680,913 | £675,000 | 26 ASHMANS ROAD |
| 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 147 sq meters or 1,582 sq feet when measured on 1 Dec 2015. Using an estimated price of £578,440 means this house is valued at £3,934 per sq meter (£365 per sq foot).
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 |