£488,681
This estimated value is based upon the latest sale price for the house of £199,950 on 21 Mar 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£199,950 | 21 Mar 2003 |
£92,000 | 4 Oct 1996 |
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 March 2003 the House Price Index for SUFFOLK was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £199,950 results in an estimated price of approximately £488,681.
21 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 149.7 | 144.402 % | £199,950 | £288,731 | £488,681 |
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 | 249.143 % | £498,162 | £698,112 |
3 Month Average | 122.863 % | £245,663 | £445,613 |
6 Month Average | 111.944 % | £223,831 | £423,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £330,969 | £325,000 | 41 MICKLESMERE DRIVE |
22 Jun 2023 | £346,953 | £340,000 | 10 THOMAS CLOSE |
9 Feb 2023 | £352,354 | £350,000 | 3 SCOTT ROAD |
13 Jul 2022 | £383,846 | £380,000 | 55 MICKLESMERE DRIVE |
11 Mar 2022 | £412,354 | £395,000 | 47 MICKLESMERE DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Thomas Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Thomas Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Thomas Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carpenter Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Carpenter Close |