£339,234
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 7 Dec 2018 |
| Detached |
| Freehold |
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 2018 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £275,000 results in an estimated price of approximately £339,234.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £275,000 | £64,234 | £339,234 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 44.214 % | £121,589 | £396,589 |
| 3 Month Average | 26.316 % | £72,368 | £347,368 |
| 6 Month Average | 17.418 % | £47,900 | £322,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £300,630 | £298,000 | 13 MEADOWLANDS |
| 14 Jul 2023 | £347,679 | £343,000 | 5 ORCHARD CLOSE |
| 11 Aug 2022 | £271,270 | £272,000 | 12 MEADOWLANDS |
| 24 Jun 2022 | £218,082 | £215,000 | KLEIN VORST LOUND ROAD |
| 16 Dec 2021 | £559,259 | £522,000 | THE OAKS LOUND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Meadowlands |
| Feb 2024 | Other theft | Under investigation | On or near Meadowlands |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Meadowlands |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadowlands |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Meadowlands |