£495,796
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Aug 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £325,000 | 4 Aug 2014 |
| £85,000 | 2 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 August 2014 the House Price Index for SUFFOLK was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £325,000 results in an estimated price of approximately £495,796.
| 4 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £325,000 | £170,796 | £495,796 |
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 | 63.429 % | £206,144 | £531,144 |
| 3 Month Average | 61.709 % | £200,552 | £525,552 |
| 6 Month Average | 58.294 % | £189,454 | £514,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £190,000 | £190,000 | 18 AVOCET CLOSE |
| 23 Jul 2024 | £412,500 | £412,500 | 62 COTMER ROAD |
| 11 Dec 2023 | £283,718 | £275,000 | 10 BEVERLEY CLOSE |
| 8 Nov 2023 | £352,960 | £344,000 | 12 PLOVERS WAY |
| 7 Feb 2023 | £629,203 | £625,000 | 12 ELM TREE ROAD WEST |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 29 Jul 2013. Using an estimated price of £495,796 means this house is valued at £3,419 per sq meter (£317 per sq foot).
The average size of a house on COTMER ROAD is 162 sq meters (1,753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Cotmer Road | |
| Jul 2024 | Anti-social behaviour | On or near Cotmer Road | |
| Jul 2024 | Anti-social behaviour | On or near Cotmer Road | |
| Jul 2024 | Anti-social behaviour | On or near Cotmer Road | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shoals Walk |