£1,326,547
This estimated value is based upon the latest sale price for the house of £445,000 on 12 Mar 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £445,000 | 12 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 243 sq meters or 2,615 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 2002 the House Price Index for SUFFOLK was 49.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 198.101%.Applying this 198.101% change to the original purchase price of £445,000 results in an estimated price of approximately £1,326,547.
| 12 Mar 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 146.7 | 198.101 % | £445,000 | £881,547 | £1,326,547 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 270.857 % | £1,205,313 | £1,650,313 |
| 3 Month Average | 168.389 % | £749,332 | £1,194,332 |
| 6 Month Average | 193.959 % | £863,118 | £1,308,118 |
This house has a floor area of 243 sq meters or 2,615 sq feet when measured on 18 May 2016.
The average size of a house on MELFORD ROAD is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canterbury Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deanery Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Deanery Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Clermont Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clermont Avenue |