£270,068
This estimated value is based upon the latest sale price for the house of £165,000 on 1 Nov 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £165,000 | 1 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2013 the House Price Index for SUFFOLK was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £165,000 results in an estimated price of approximately £270,068.
| 1 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £165,000 | £105,068 | £270,068 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 72.056 % | £118,891 | £283,891 |
| 3 Month Average | 60.757 % | £100,249 | £265,249 |
| 6 Month Average | 51.344 % | £84,717 | £249,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £238,000 | £238,000 | 33 CLIFF LANE |
| 2 May 2024 | £286,000 | £286,000 | 58 ELMHURST DRIVE |
| 8 Apr 2024 | £238,572 | £236,500 | 19 ELMHURST DRIVE |
| 30 Nov 2023 | £359,116 | £350,000 | 32 ELMHURST DRIVE |
| 16 Nov 2023 | £235,990 | £230,000 | 43 BEECH GROVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Jul 2013. Using an estimated price of £270,068 means this house is valued at £3,699 per sq meter (£343 per sq foot).
The average size of a house on ELMHURST DRIVE is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Beech Grove |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beech Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beech Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Beech Grove |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beech Grove |