£290,348
This estimated value is based upon the latest sale price for the house of £235,000 on 4 Nov 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£235,000 | 4 Nov 2019 |
Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 November 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £235,000 results in an estimated price of approximately £290,348.
4 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £235,000 | £55,348 | £290,348 |
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 | 4.377 % | £10,285 | £245,285 |
3 Month Average | 19.104 % | £44,894 | £279,894 |
6 Month Average | 11.753 % | £27,619 | £262,619 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £233,487 | £229,900 | 6 NEW ROAD |
3 Nov 2023 | £138,516 | £135,000 | 8 ROSEMARY LANE |
1 Nov 2023 | £220,600 | £215,000 | 8 NEW ROAD |
31 Aug 2023 | £178,214 | £175,000 | 11 ROSEMARY LANE |
27 Jan 2023 | £185,496 | £185,000 | 9 POUND ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Apr 2019. Using an estimated price of £290,348 means this house is valued at £3,923 per sq meter (£364 per sq foot).
The average size of a house on RAVENSMERE is 113 sq meters (1,223 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Becclesgate |
Jul 2024 | Vehicle crime | Under investigation | On or near Becclesgate |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Becclesgate |
Aug 2024 | Criminal damage and arson | Under investigation | On or near New Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near New Road |