£275,208
This estimated value is based upon the latest sale price for the house of £221,000 on 8 May 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £221,000 | 8 May 2019 |
| Detached |
| Freehold |
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 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £221,000 results in an estimated price of approximately £275,208.
| 8 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £221,000 | £54,208 | £275,208 |
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 | 32.823 % | £72,538 | £293,538 |
| 3 Month Average | 32.329 % | £71,447 | £292,447 |
| 6 Month Average | 22.209 % | £49,082 | £270,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £283,718 | £275,000 | 2 HILLSIDE AVENUE |
| 24 Nov 2023 | £276,006 | £269,000 | 22 HIGHLAND DRIVE |
| 10 Nov 2023 | £241,121 | £235,000 | 11 HILLSIDE AVENUE |
| 11 Aug 2023 | £274,959 | £270,000 | 12 HILLSIDE AVENUE |
| 9 Jun 2023 | £346,953 | £340,000 | 119 ELLOUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Ellough Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sheridan Walk |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Sheridan Walk |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |