£598,629
This estimated value is based upon the latest sale price for the house of £405,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £405,000 | 21 Nov 2014 |
| £177,000 | 24 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 November 2014 the House Price Index for SUFFOLK was 99.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.810%.Applying this 47.810% change to the original purchase price of £405,000 results in an estimated price of approximately £598,629.
| 21 Nov 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 146.7 | 47.810 % | £405,000 | £193,629 | £598,629 |
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 | 173.205 % | £701,479 | £1,106,479 |
| 3 Month Average | 57.331 % | £232,189 | £637,189 |
| 6 Month Average | 47.070 % | £190,634 | £595,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2022 | £620,710 | £630,000 | 12 RINGSFIELD ROAD |
| 12 Aug 2022 | £238,924 | £242,500 | 20 PUDDINGMOOR |
| 17 Dec 2020 | £357,637 | £315,000 | 1 SOUTH CLOSE |
| 3 Mar 2016 | £501,073 | £375,000 | 15 NELSON WAY |
| 23 Oct 2006 | £447,811 | £268,000 | 23 BALLYGATE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 24 Feb 2012.
The average size of a house on NELSON WAY is 165 sq meters (1,785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nelson Way |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Pilgrims 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 |