£396,165
This estimated value is based upon the latest sale price for the house of £235,000 on 1 May 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£235,000 | 1 May 2013 |
£139,000 | 10 Dec 2003 |
£66,000 | 10 Aug 1999 |
£57,500 | 31 Oct 1997 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,016 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 May 2013 the House Price Index for SUFFOLK was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £235,000 results in an estimated price of approximately £396,165.
1 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.581 % | £235,000 | £161,165 | £396,165 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | 87.408 % | £205,408 | £440,408 |
3 Month Average | 76.184 % | £179,032 | £414,032 |
6 Month Average | 67.646 % | £158,967 | £393,967 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £335,605 | £330,000 | 111 ELLOUGH ROAD |
28 Feb 2023 | £216,446 | £215,000 | 82 ELLOUGH ROAD |
20 Sep 2022 | £239,840 | £240,000 | 9 CODLINS LANE |
1 Sep 2022 | £217,854 | £218,000 | 81 ELLOUGH ROAD |
8 Jul 2022 | £287,885 | £285,000 | 17 THE UPLANDS |
This house has a floor area of 94 sq meters or 1,016 sq feet when measured on 7 Nov 2011. Using an estimated price of £396,165 means this house is valued at £4,196 per sq meter (£389 per sq foot).
The average size of a house on ELLOUGH ROAD is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Codlins Lane |
Sep 2024 | Anti-social behaviour | On or near Coney Hill | |
Sep 2024 | Anti-social behaviour | On or near Coney Hill | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Ellough Road |