2 MERCHANTS PLACE

£617,673

Full Address

2 MERCHANTS PLACE
BURY ST EDMUNDS
SUFFOLK
UNITED KINGDOM
IP33 3AL

Estimated Market Value

£617,673

This estimated value is based upon the latest sale price for the house of £365,000 on 27 Nov 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1

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Transactions for this house
Price PaidDate
£365,00027 Nov 2012
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 2012 the House Price Index for SUFFOLK was 87.8.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.

Applying this 69.226% change to the original purchase price of £365,000 results in an estimated price of approximately £617,673.

27 Nov 2012 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
87.8 148.6 69.226 % £365,000 £252,673 £617,673

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 30.145 % £110,027 £475,027
3 Month Average 43.541 % £158,925 £523,925
6 Month Average 46.854 % £171,017 £536,017
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
7 Mar 2024 £144,000 £144,000 FLAT 9 LAWRENCE HOUSE, 61 ST ANDREWS STREET SOUTH
14 Sep 2022 £231,630 £233,500 7 WALPOLE HOUSE AUCTION STREET
15 Mar 2022 £212,434 £205,000 10 BRINKLEY HOUSE GOSNOLD STREET
15 Oct 2021 £276,620 £250,000 UNIT B 61 ST ANDREWS STREET SOUTH
7 Sep 2021 £495,693 £460,000 105 RISBYGATE STREET

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Apr 2024 Public order Under investigation On or near Merchants Place
Apr 2024 Public order Under investigation On or near Merchants Place
Apr 2024 Violence and sexual offences Under investigation On or near Merchants Place
Apr 2024 Shoplifting Investigation complete; no suspect identified On or near Merchants Place
Apr 2024 Violence and sexual offences Under investigation On or near Merchants Place

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Companies Near Here
HAGUES DOMESTIC BUILDINGS LTD
61 St. Andrews Street South Bury St. Edmunds England IP33 1SD
DOUBLE TREE BARBER LTD
64a St. Andrews Street South Bury St. Edmunds Suffolk United Kingdom IP33 1SD
GREEN TOWN LTD
64 St. Andrews Street South Bury St. Edmunds Suffolk England IP33 1SD
GOLDEN MAGIC SCISSORS LTD
51 St Andrews Street South Bury Saint Edmunds Suffolk England IP33 1SD
GAMES AND HOBBIES LTD
Unit B, 61-63 St. Andrews Street South Bury St. Edmunds Suffolk England IP33 1SD

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People Near Here
MICHAEL PALMER STEVENS Historic Information NONE
2 MERCHANTS PLACE, RISBYGATE STREET, IP33 3AL
NIGEL PETER GEORGE Historic Information
90 RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
MR SAMUEL OLUWOLE AKINWUMI MANAGING DIRECTOR
108 RISBYGATE STREET, IP33 3AA
MR RAYMOND DAVID BOLTON RETIRED
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
MRS. REBECCA VIVIENNE HOPFENSPERGER Historic Information
RISBYGATE HOUSE 17 RISBYGATE STREET, IP33 3AA
Mr Abdullah Gokteke
9 Risbygate Street, IP33 3AA
Mr Emil Zafirov Angelov
9 Risbygate Street, IP33 3AA
Mr Aaron Edward Scott
4 Walpole House The Arc, IP33 3FF
Mrs Renata Rimkiene
99 Risbygate Street, IP33 3AA
MR MD KUTUBUL ALAM Historic Information BUSINESSMAN
109 RISBYGATE STREET, IP33 3AA
Mr Edward Arthur Rogers
Old Market Office, 10 Risbygate Street, IP33 3AA
MR PAUL JOHANN HOPFENSPERGER Historic Information DIRECTOR
RISBYGATE HOUSE, 17 RISBYGATE STREET, IP33 3AA
MR Robert John BRYCE
10 Risbygate Street, IP33 3AA
MS MARY PORCH BUSINESS DEVELOPMENT DIRECTOR
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
MR Omer Cumhur SERBETCI Director
2 Gosnold Street, IP33 3FB
Mr Yuksel Yildirim
51 St Andrews Street South, IP33 1SD
MR Michael John SIMPKIN Unemployed
90 The Risbygate Centre Risbygate Street, IP33 3AA
MR MARK COPLEY Historic Information SOLICITOR
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
KEITH IVORY RETIRED LOCAL GOVT OFFICER
3 MERCHANTS PLACE, RISBYGATE STREET, IP33 3AL
Mr Andrew Phillip Poxon Historic Information
98 Risbygate Street, IP33 3AA
MR NIGEL BELTON Historic Information CHARTERED SURVEYOR
OLD MARKET OFFICE, 10 RISBYGATE STREET, IP33 3AA
MR NICHOLAS PETER THOMAS WISEMAN LANDSCAPER
11-13 RISBYGATE STREET, IP33 3AA
MR STUART BRIAN BOWERS COMPANY DIRECTOR
11-13 RISBYGATE STREET, IP33 3AA
ALEXANDER GEORGE TURNER
10 RISBYGATE STREET, IP33 3AA
PAUL JOHANN HOPFENSPERGER Historic Information
RISBYGATE HOUSE 17 RISBYGATE STREET, IP33 3AA
Mr Ali Yavuz
64 St. Andrews Street South, Bury St. Edmunds, IP33 1SD
MR ROBERT GEORGE SWINEY
10 RISBYGATE STREET, IP33 3AA
MR ANDREW BOWERS COMPANY DIRECTOR
11-13 RISBYGATE STREET, IP33 3AA
MS JANET LYNNE BARRETT Historic Information SELF EMPLOYED BID MANAGER
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
Mr Jawad Tanveer
4 Gosnold St, Arc Shopping Centre, IP33 3AA
MR DANIEL WILSON Historic Information PROPERTY INVESTOR/MANAGER
106 RISBY GATE STREET, IP33 3AA
Mr Tareq Ameer Uddin
108 Risbygate Street , IP33 3AA
MRS REBECCA VIVIENNE HOPFENSPERGER
RISBYGATE HOUSE 17 RISBYGATE STREET, IP33 3AA
EDWARD IAN CRICHTON
10 RISBYGATE STREET, IP33 3AA
BRIAN GEORGE BOWERS
11-13 RISBYGATE STREET, IP33 3AA
MR PETER WILLIAM HOLLAND FINANCIAL CONSULTANT
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
Maria Jayne PARSLOW Restaurateur
The Apartment 98 Risbygate Street, IP33 3AA
Mr Christopher Arthur Philpot
10 Risbygate Street, IP33 3AA
MRS VIVIENNE STEELE RETIRED
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
MR Adnan AHMED Director
108 Risbygate Street, IP33 3AA
Miss Sadia Mahmood
2 Hengham House Auction Street, IP33 3FE
JOHN BOWMAN WILKIN NONE
7 MERCHANTS PLACE RISBYGATE ST, IP33 3AL
MR FREDERICK BRIAN DANIELS RETIRED
13 MERCHANTS PLACE, RISBYGATE STREET, IP33 3AL
MISS JUSTINA EMMA MOLLOY Historic Information SOLICITOR
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
MRS NAZNIN CHOWDHURY BUSINESSWOMAN
109 RISBYGATE STREET, IP33 3AA
Mr Liam Joshua Crook Historic Information
108 Risbygate Street , IP33 3AA
MR DOUGLAS BRIAN HARRIS Historic Information DIRECTOR SEBS MANAGEMENT LTD
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
Mr Gerard Francis Smith
10 Risbygate Street, IP33 3AA
DENNIS WILLIAM DEEKS Historic Information RETIRED
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
MR MICHAEL JOHN NAIRN Historic Information NONE
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA
MRS JANICE PATRICIA MCLARDY Historic Information NONE
90 THE RISBYGATE CENTRE RISBYGATE STREET, IP33 3AA

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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