£374,747
This estimated value is based upon the latest sale price for the house of £375,000 on 2 Feb 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £375,000 | 2 Feb 2023 |
| 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 February 2023 the House Price Index for SUFFOLK was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £375,000 results in an estimated price of approximately £374,747.
| 2 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £375,000 | £-252 | £374,747 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | -47.714 % | £-178,929 | £196,070 |
| 3 Month Average | -23.974 % | £-89,901 | £285,098 |
| 6 Month Average | -18.012 % | £-67,544 | £307,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £426,312 | £420,000 | 3 KEMPS LANE |
| 4 Sep 2023 | £496,346 | £490,000 | 2 WILL REDE CLOSE |
| 25 Aug 2023 | £242,118 | £240,000 | 5 FIRFIELD CLOSE |
| 4 Apr 2023 | £176,905 | £175,000 | 28 KEMPS LANE |
| 2 Feb 2023 | £374,748 | £375,000 | 53 KEMPS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfax Court |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fairfax Court |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cromwell Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Darby Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Darby Road |