£462,483
This estimated value is based upon the latest sale price for the house of £400,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £400,000 | 14 Dec 2020 |
| £245,000 | 27 Jan 2012 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,098 sq feet |
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 2020 the House Price Index for SUFFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £400,000 results in an estimated price of approximately £462,483.
| 14 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £400,000 | £62,483 | £462,483 |
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 | 2.447 % | £9,789 | £409,789 |
| 3 Month Average | -5.565 % | £-22,259 | £377,740 |
| 6 Month Average | -1.928 % | £-7,713 | £392,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £385,929 | £380,000 | 15 TOWNLANE ROAD |
| 6 Mar 2024 | £284,369 | £280,000 | 32 FALLOWFIELD WALK |
| 17 Nov 2023 | £867,008 | £845,000 | 92 HOME FARM LANE |
| 2 Jun 2023 | £367,362 | £360,000 | 5 COPSE CLOSE |
| 9 Feb 2023 | £322,152 | £320,000 | 22 HICKLING DRIVE |
This house has a floor area of 102 sq meters or 1,098 sq feet when measured on 3 Nov 2011. Using an estimated price of £462,484 means this house is valued at £4,530 per sq meter (£420 per sq foot).
There is one other house on the street which we know the size of, this is 4 LINKS CLOSE it is 127.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Home Farm Lane | |
| Jun 2024 | Anti-social behaviour | On or near Home Farm Lane | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwing Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Redwing Road |
| May 2024 | Public order | Local resolution | On or near Redwing Road |