£288,478
This estimated value is based upon the latest sale price for the house of £220,000 on 22 Dec 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 22 Dec 2016 |
| Semi-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 December 2016 the House Price Index for SUFFOLK was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £220,000 results in an estimated price of approximately £288,478.
| 22 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £220,000 | £68,478 | £288,478 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -15.023 % | £-33,049 | £186,950 |
| 3 Month Average | -11.270 % | £-24,794 | £195,205 |
| 6 Month Average | 11.788 % | £25,934 | £245,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £456,762 | £450,000 | 2 LAYWOOD CLOSE |
| 18 Aug 2023 | £327,868 | £325,000 | 1 ST NICHOLAS CLOSE |
| 30 Jun 2023 | £2,692,616 | £2,660,000 | 40 HOLLOW ROAD |
| 27 Apr 2023 | £550,932 | £545,000 | 57 EASTGATE STREET |
| 16 Nov 2022 | £721,263 | £730,000 | 2 HOLLOW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eastern Way |
| Mar 2024 | Drugs | Local resolution | On or near Hollow Road |
| Mar 2024 | Drugs | Under investigation | On or near Hollow Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Holderness Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Unicorn Place |