£678,480
This estimated value is based upon the latest sale price for the house of £625,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £625,000 | 28 Sep 2021 |
| £270,000 | 21 Dec 2004 |
| 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 September 2021 the House Price Index for SUFFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £625,000 results in an estimated price of approximately £678,480.
| 28 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £625,000 | £53,480 | £678,480 |
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 | 0.312 % | £1,952 | £626,952 |
| 3 Month Average | -23.923 % | £-149,520 | £475,479 |
| 6 Month Average | -21.837 % | £-136,483 | £488,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £765,337 | £750,000 | FLINT HOUSE THE PARK |
| 2 Sep 2022 | £544,636 | £545,000 | 15 ANGLESEY PLACE |
| 17 Aug 2022 | £944,416 | £940,000 | ROWAN HOUSE THE PARK |
| 29 Jul 2022 | £656,579 | £650,000 | 2 TEWKESBURY PLACE |
| 15 Jul 2022 | £479,808 | £475,000 | SILVER LEY FORNHAM ROAD |
| 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 |