£540,295
This estimated value is based upon the latest sale price for the house of £400,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £400,000 | 30 Mar 2016 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2016 the House Price Index for SUFFOLK was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £400,000 results in an estimated price of approximately £540,295.
| 30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £400,000 | £140,295 | £540,295 |
The Postcode Pricing Model uses changes in average sales price within the IP15 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 | -26.160 % | £-104,638 | £295,361 |
| 3 Month Average | -21.721 % | £-86,882 | £313,117 |
| 6 Month Average | 26.086 % | £104,343 | £504,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2022 | £458,642 | £450,000 | THE HIDEAWAY, 80 HIGH STREET |
| 22 Feb 2022 | £288,391 | £275,000 | 82 HIGH STREET |
| 8 Oct 2021 | £1,206,061 | £1,090,000 | 71 HIGH STREET |
| 30 Sep 2021 | £495,693 | £460,000 | 87 HIGH STREET |
| 4 Aug 2021 | £875,758 | £785,000 | 12 CRAG PATH |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 10 Sep 2015. Using an estimated price of £540,295 means this house is valued at £4,540 per sq meter (£421 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Market Cross Place |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Market Cross Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lee Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lee Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near King Street |