£301,649
This estimated value is based upon the latest sale price for the house of £295,000 on 26 Sep 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £295,000 | 26 Sep 2023 |
| £174,000 | 17 Aug 2006 |
| £168,500 | 11 May 2004 |
| Terraced |
| 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 September 2023 the House Price Index for SUFFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £295,000 results in an estimated price of approximately £301,649.
| 26 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £295,000 | £6,649 | £301,649 |
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 | 29.836 % | £88,017 | £383,017 |
| 3 Month Average | -15.003 % | £-44,257 | £250,742 |
| 6 Month Average | -3.259 % | £-9,613 | £285,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £726,307 | £720,000 | THE OLD NEW INN, 42 NORTHGATE STREET |
| 26 Sep 2023 | £301,650 | £295,000 | 56 COTTON LANE |
| 10 Mar 2023 | £305,090 | £299,995 | 86 NORTHGATE STREET |
| 10 Feb 2023 | £178,694 | £177,500 | 23 CHANTRY COURT |
| 4 May 2022 | £172,494 | £168,000 | 1 MARK JENNINGS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ramplin Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ramplin Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Etna Road |
| Apr 2024 | Public order | Under investigation | On or near Etna Road |
| Jun 2024 | Public order | Awaiting court outcome | On or near Cadney Lane |