£198,664
This estimated value is based upon the latest sale price for the house of £162,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £162,000 | 11 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £162,000 results in an estimated price of approximately £198,664.
| 11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £162,000 | £36,664 | £198,664 |
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 | 17.970 % | £29,110 | £191,110 |
| 3 Month Average | 26.413 % | £42,788 | £204,788 |
| 6 Month Average | 21.851 % | £35,399 | £197,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £137,029 | £135,000 | 40 CRANLEIGH ROAD |
| 4 Sep 2023 | £184,357 | £182,000 | 180 STRADBROKE ROAD |
| 29 Aug 2023 | £194,199 | £192,500 | 73 CRANESBILL ROAD |
| 30 Jun 2023 | £260,657 | £257,500 | 61 CRANESBILL ROAD |
| 24 Mar 2023 | £262,473 | £260,000 | 28 CRANLEIGH ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Nov 2018. Using an estimated price of £198,664 means this house is valued at £2,546 per sq meter (£236 per sq foot).
The average size of a house on CRANLEIGH ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Newlands Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lansdowne Road |
| Jan 2024 | Public order | Under investigation | On or near Lansdowne Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lansdowne Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryedale |