£341,904
This estimated value is based upon the latest sale price for the house of £280,000 on 7 Aug 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £280,000 | 7 Aug 2018 |
| £247,500 | 22 Oct 2014 |
| £56,000 | 26 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2018 the House Price Index for SUFFOLK was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £280,000 results in an estimated price of approximately £341,904.
| 7 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £280,000 | £61,904 | £341,904 |
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 | 94.283 % | £263,993 | £543,993 |
| 3 Month Average | 38.362 % | £107,414 | £387,414 |
| 6 Month Average | 25.476 % | £71,332 | £351,332 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 12 Nov 2014.
The average size of a house on NELSON WAY is 165 sq meters (1,785 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nelson Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ringsfield Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ringsfield Road |
| Jan 2024 | Other crime | Under investigation | On or near Ringsfield Road |
| Jan 2024 | Other theft | Under investigation | On or near Ringsfield Road |