£228,658
This estimated value is based upon the latest sale price for the house of £164,000 on 17 Dec 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £164,000 | 17 Dec 2015 |
| £134,000 | 27 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2015 the House Price Index for SUFFOLK was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £164,000 results in an estimated price of approximately £228,658.
| 17 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £164,000 | £64,658 | £228,658 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 36.191 % | £59,353 | £223,353 |
| 3 Month Average | 38.315 % | £62,836 | £226,836 |
| 6 Month Average | 50.136 % | £82,223 | £246,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £220,386 | £217,000 | 111 ELMCROFT ROAD |
| 1 Jun 2023 | £367,362 | £360,000 | 92 ELMCROFT ROAD |
| 26 Apr 2023 | £315,909 | £310,000 | 94 ELMCROFT ROAD |
| 10 Jun 2022 | £263,125 | £257,500 | 123 CEDARCROFT ROAD |
| 20 May 2022 | £243,853 | £237,500 | 63 ELMCROFT ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Aug 2016. Using an estimated price of £228,658 means this house is valued at £2,628 per sq meter (£244 per sq foot).
The average size of a house on ELMCROFT ROAD is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Willowcroft Road |
| Sep 2024 | Other theft | Under investigation | On or near Willowcroft Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willowcroft Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willowcroft Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Willowcroft Road |