£619,516
This estimated value is based upon the latest sale price for the house of £505,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £505,000 | 13 Dec 2019 |
| 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 December 2019 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £505,000 results in an estimated price of approximately £619,516.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £505,000 | £114,516 | £619,516 |
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 | -49.238 % | £-248,652 | £256,347 |
| 3 Month Average | 10.764 % | £54,357 | £559,357 |
| 6 Month Average | 7.598 % | £38,368 | £543,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £447,836 | £440,000 | ROWAN HOUSE PALMER STREET |
| 1 Jun 2023 | £248,004 | £245,000 | 46 TOWNHOUSE ROAD |
| 14 Mar 2023 | £240,264 | £238,000 | 36 TOWNHOUSE ROAD |
| 3 Oct 2022 | £342,314 | £346,000 | 4 WILLOW CLOSE |
| 24 Jun 2022 | £162,294 | £160,000 | 25 GROVE PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pound Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Row |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near Finningham Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Palmer Street |