£409,485
This estimated value is based upon the latest sale price for the house of £380,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£380,000 | 30 Sep 2021 |
Terraced |
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 September 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £380,000 results in an estimated price of approximately £409,485.
30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £380,000 | £29,485 | £409,485 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | -15.546 % | £-59,074 | £320,925 |
3 Month Average | 5.064 % | £19,243 | £399,243 |
6 Month Average | 15.567 % | £59,154 | £439,154 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £134,999 | £133,000 | FLAT 1 LARK HOUSE, 117 EASTGATE STREET |
15 Sep 2023 | £203,603 | £201,000 | 2 THE VINEFIELDS |
3 Aug 2023 | £87,768 | £87,000 | FLAT 16 EASTGATE HOUSE, 118 EASTGATE STREET |
8 Jul 2023 | £299,025 | £295,000 | 21 EASTGATE STREET |
7 Jul 2023 | £81,598 | £80,500 | FLAT 8 EASTGATE HOUSE, 118 EASTGATE STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Broadway |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Broadway |
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near The Broadway |
Jan 2024 | Violence and sexual offences | Local resolution | On or near The Broadway |
Feb 2024 | Public order | Unable to prosecute suspect | On or near The Vinefields |