£986,977
This estimated value is based upon the latest sale price for the house of £815,000 on 19 Jun 2020. 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
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| Price Paid | Date |
|---|---|
| £815,000 | 19 Jun 2020 |
| £575,000 | 7 Dec 2006 |
| £415,000 | 8 Aug 2003 |
| £385,000 | 2 Aug 2002 |
| £127,500 | 5 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 June 2020 the House Price Index for SUFFOLK was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £815,000 results in an estimated price of approximately £986,977.
| 19 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £815,000 | £171,977 | £986,977 |
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 | 43.397 % | £353,688 | £1,168,688 |
| 3 Month Average | -29.431 % | £-239,865 | £575,134 |
| 6 Month Average | -4.277 % | £-34,857 | £780,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £1,277,190 | £1,260,000 | 3 HONEY HILL |
| 14 Jul 2023 | £1,115,007 | £1,100,000 | 9 CROWN STREET |
| 14 Feb 2023 | £1,723,840 | £1,725,000 | WESTGATE HOUSE, 13 WESTGATE STREET |
| 28 Oct 2022 | £321,538 | £325,000 | 24 BRIDEWELL LANE |
| 29 Jul 2022 | £1,042,807 | £1,040,000 | 45A CROWN STREET |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 7 Feb 2020. Using an estimated price of £986,977 means this house is valued at £6,493 per sq meter (£603 per sq foot).
There is one other house on the street which we know the size of, this is 48 CROWN STREET it is 143.33
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Bridewell Lane |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Honey Hill |
| Mar 2024 | Public order | Under investigation | On or near Westgate Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Finsbury Square |