£285,336
This estimated value is based upon the latest sale price for the house of £280,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Elm Road
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| Price Paid | Date |
|---|---|
| £280,000 | 21 Apr 2023 |
| £235,000 | 13 Nov 2020 |
| £157,000 | 13 Aug 2013 |
| £135,000 | 4 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,024 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 April 2023 the House Price Index for SUFFOLK was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £280,000 results in an estimated price of approximately £285,336.
| 21 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £280,000 | £5,336 | £285,336 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | -18.674 % | £-52,286 | £227,713 |
| 3 Month Average | -3.098 % | £-8,675 | £271,324 |
| 6 Month Average | -2.860 % | £-8,006 | £271,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2024 | £280,000 | £280,000 | 37 CATS LANE |
| 8 May 2024 | £225,000 | £225,000 | 46 CATS LANE |
| 21 Apr 2023 | £285,337 | £280,000 | 5 CORNISH COURT CATS LANE |
| 18 Apr 2023 | £285,337 | £280,000 | 1 CORNISH COURT CATS LANE |
| 4 Mar 2022 | £324,141 | £310,500 | 29 RYE HILL |
This house has a floor area of 95 sq meters or 1,024 sq feet when measured on 9 Mar 2012. Using an estimated price of £285,337 means this house is valued at £2,997 per sq meter (£278 per sq foot).
The average size of a house on CATS LANE is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elm Road |
| Oct 2024 | Criminal damage and arson | Offender given a caution | On or near Elm Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Elm Road |
| Sep 2024 | Anti-social behaviour | On or near Elm Road |