£252,906
This estimated value is based upon the latest sale price for the house of £247,500 on 29 Jun 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£247,500 | 29 Jun 2022 |
£160,000 | 29 Jun 2007 |
Semi-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 June 2022 the House Price Index for SUFFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £247,500 results in an estimated price of approximately £252,906.
29 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £247,500 | £5,406 | £252,906 |
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 | -0.584 % | £-1,445 | £246,054 |
3 Month Average | -3.626 % | £-8,975 | £238,524 |
6 Month Average | 3.112 % | £7,703 | £255,203 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £238,667 | £235,000 | 111 ELM TREE ROAD |
17 Nov 2023 | £248,816 | £242,500 | 2 ELM COPPICE |
24 Mar 2023 | £228,821 | £225,000 | 8 CLIFFORD DRIVE |
27 Jan 2023 | £443,686 | £442,500 | 126 ELM TREE ROAD |
29 Jun 2022 | £252,906 | £247,500 | 68 ELM TREE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Mar 2020. Using an estimated price of £252,906 means this house is valued at £3,242 per sq meter (£301 per sq foot).
The average size of a house on ELM TREE ROAD is 113 sq meters (1,221 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Local resolution | On or near Orchard Croft |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Eddies |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Long Meadow Walk |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandbank Road |
Aug 2024 | Anti-social behaviour | On or near Rye Close |