£235,248
This estimated value is based upon the latest sale price for the house of £162,000 on 30 Jun 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £162,000 | 30 Jun 2015 |
| £122,000 | 3 Aug 2012 |
| £63,995 | 17 Nov 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 June 2015 the House Price Index for SUFFOLK was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £162,000 results in an estimated price of approximately £235,248.
| 30 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £162,000 | £73,248 | £235,248 |
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 | 29.719 % | £48,145 | £210,145 |
| 3 Month Average | 43.949 % | £71,197 | £233,197 |
| 6 Month Average | 49.267 % | £79,811 | £241,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £253,064 | £249,999 | 65A WESTWOOD AVENUE |
| 16 Feb 2023 | £181,878 | £182,000 | 10 OAKWOOD ROAD |
| 27 Jan 2023 | £221,954 | £223,000 | 62 HOMEFIELD AVENUE |
| 24 Nov 2022 | £224,283 | £227,000 | 45 PINEWOOD AVENUE |
| 19 Jul 2022 | £228,615 | £228,000 | 12 OAKWOOD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 Feb 2015. Using an estimated price of £235,248 means this house is valued at £3,564 per sq meter (£331 per sq foot).
The average size of a house on HOMEFIELD AVENUE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pinewood Avenue |
| Feb 2024 | Public order | Under investigation | On or near Oakwood Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakwood Road |
| Mar 2024 | Anti-social behaviour | On or near Southfield Gardens | |
| Feb 2024 | Drugs | Under investigation | On or near Southfield Gardens |