£638,432
This estimated value is based upon the latest sale price for the house of £136,750 on 2 Nov 1998. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £136,750 | 2 Nov 1998 |
| Detached |
| Freehold |
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 1998 the House Price Index for SUFFOLK was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £136,750 results in an estimated price of approximately £638,432.
| 2 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £136,750 | £501,682 | £638,432 |
The Postcode Pricing Model uses changes in average sales price within the IP31 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 | 354.294 % | £484,497 | £621,247 |
| 3 Month Average | 269.312 % | £368,284 | £505,034 |
| 6 Month Average | 271.343 % | £371,061 | £507,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £495,217 | £480,000 | CADOGAN HOUSE FORNHAM ROAD |
| 20 Nov 2023 | £384,767 | £375,000 | 2 LAUNDRY COTTAGES LIVERMERE ROAD |
| 19 Oct 2023 | £373,483 | £365,000 | HIGHFIELDS NACTON LANE |
| 11 Oct 2022 | £558,136 | £560,000 | 5 WEST WOOD |
| 29 Jul 2022 | £656,579 | £650,000 | 2 TEWKESBURY PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Bunbury Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near The Park |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lodge Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lodge Close |
| Jul 2024 | Other crime | Under investigation | On or near The Street |