£543,699
This estimated value is based upon the latest sale price for the house of £550,000 on 19 Dec 2022. 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 Ringsfield Road
More crime details
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| Price Paid | Date |
|---|---|
| £550,000 | 19 Dec 2022 |
| £330,000 | 29 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 December 2022 the House Price Index for SUFFOLK was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £550,000 results in an estimated price of approximately £543,699.
| 19 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £550,000 | £-6,300 | £543,699 |
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 | 41.183 % | £226,509 | £776,509 |
| 3 Month Average | -17.211 % | £-94,661 | £455,338 |
| 6 Month Average | -12.350 % | £-67,922 | £482,077 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 7 Dec 2017.
The average size of a house on RINGSFIELD ROAD is 163 sq meters (1,758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 theft | Under investigation | On or near Ringsfield Road |
| Jan 2024 | Other crime | Under investigation | On or near Ringsfield Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ringsfield Road |