£637,884
This estimated value is based upon the latest sale price for the house of £475,000 on 12 May 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £475,000 | 12 May 2016 |
| £107,500 | 31 Mar 1998 |
| 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 May 2016 the House Price Index for SUFFOLK was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £475,000 results in an estimated price of approximately £637,884.
| 12 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £475,000 | £162,884 | £637,884 |
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 | -43.075 % | £-204,606 | £270,393 |
| 3 Month Average | 24.271 % | £115,287 | £590,287 |
| 6 Month Average | 26.610 % | £126,397 | £601,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £488,548 | £480,000 | CADOGAN HOUSE FORNHAM ROAD |
| 11 Oct 2022 | £554,035 | £560,000 | 5 WEST WOOD |
| 2 Sep 2022 | £540,634 | £545,000 | 15 ANGLESEY PLACE |
| 29 Jul 2022 | £651,754 | £650,000 | 2 TEWKESBURY PLACE |
| 15 Jul 2022 | £476,282 | £475,000 | SILVER LEY FORNHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Eleanor Place |
| Mar 2024 | Public order | Formal action is not in the public interest | On or near The Park |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lodge Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Street |
| Mar 2024 | Anti-social behaviour | On or near School Lane |