£1,053,609
This estimated value is based upon the latest sale price for the house of £305,000 on 15 Mar 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £305,000 | 15 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 219 sq meters or 2,357 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 March 2001 the House Price Index for SUFFOLK was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £305,000 results in an estimated price of approximately £1,053,609.
| 15 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £305,000 | £748,609 | £1,053,609 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 185.027 % | £564,333 | £869,333 |
| 3 Month Average | 211.166 % | £644,054 | £949,054 |
| 6 Month Average | 227.017 % | £692,400 | £997,400 |
This house has a floor area of 219 sq meters or 2,357 sq feet when measured on 22 Nov 2021.
The average size of a house on ELSMERE ROAD is 262 sq meters (2,820 sq feet).
This house is the largest in the street with a floor area of 219 sq meters (2,357 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Woodstone Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodstone Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Valley Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Road |
| Jan 2024 | Other theft | Under investigation | On or near Park Road |