£271,342
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Jul 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 15 Jul 2019 |
| £167,000 | 24 Jul 2015 |
| £55,000 | 5 Jul 1999 |
| 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 July 2019 the House Price Index for SUFFOLK was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £220,000 results in an estimated price of approximately £271,342.
| 15 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £220,000 | £51,342 | £271,342 |
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 | -61.114 % | £-134,451 | £85,548 |
| 3 Month Average | 14.887 % | £32,752 | £252,752 |
| 6 Month Average | 7.302 % | £16,063 | £236,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £329,209 | £325,000 | 27 MICHAELHOUSE WAY |
| 10 Jul 2023 | £233,138 | £230,000 | 6 MICHAELHOUSE WAY |
| 28 Apr 2023 | £277,993 | £275,000 | 10 PARKSIDE |
| 14 Apr 2023 | £222,900 | £220,500 | 3 SHETLANDS |
| 17 Mar 2023 | £227,140 | £225,000 | 17 CULVERS MEADOW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Culvers Meadow |
| Jan 2024 | Possession of weapons | Action to be taken by another organisation | On or near Shetlands |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Barningham Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bury Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near School Close |