£324,500
This estimated value is based upon the latest sale price for the house of £140,000 on 26 Aug 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Bridewell Lane
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 26 Aug 2003 |
| Flats/Maisonettes |
| Leasehold |
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 August 2003 the House Price Index for SUFFOLK was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £140,000 results in an estimated price of approximately £324,500.
| 26 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £140,000 | £184,500 | £324,500 |
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 | 91.246 % | £127,744 | £267,744 |
| 3 Month Average | 68.234 % | £95,527 | £235,527 |
| 6 Month Average | 97.128 % | £135,979 | £275,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £121,051 | £120,000 | 5 CHURCH WALKS |
| 10 Apr 2024 | £418,635 | £415,000 | 2 WESTGATE STREET |
| 14 Feb 2023 | £1,736,601 | £1,725,000 | WESTGATE HOUSE, 13 WESTGATE STREET |
| 30 Nov 2022 | £646,975 | £650,000 | 5 GREENE MEWS |
| 28 Oct 2022 | £323,918 | £325,000 | 24 BRIDEWELL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Bridewell Lane |
| Jul 2024 | Shoplifting | Under investigation | On or near Honey Hill |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honey Hill |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Theatre/Concert Hall |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |