£424,840
This estimated value is based upon the latest sale price for the house of £111,000 on 14 Apr 2000. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near East Lane
More crime details
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| Price Paid | Date |
|---|---|
| £111,000 | 14 Apr 2000 |
| £85,000 | 21 Oct 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 April 2000 the House Price Index for SUFFOLK was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £111,000 results in an estimated price of approximately £424,840.
| 14 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £111,000 | £313,840 | £424,840 |
The Postcode Pricing Model uses changes in average sales price within the IP17 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 | 195.885 % | £217,431 | £328,431 |
| 3 Month Average | 244.942 % | £271,885 | £382,885 |
| 6 Month Average | 226.393 % | £251,296 | £362,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £294,441 | £287,950 | LEA COTTAGE THE STREET |
| 11 Aug 2023 | £325,878 | £320,000 | THE NOOK FLETCHERS LANE |
| 8 Jun 2023 | £290,828 | £285,000 | 3 MINSMERE RISE |
| 24 Feb 2023 | £508,396 | £505,000 | 1 MINSMERE RISE |
| 8 Aug 2022 | £286,339 | £285,000 | MONTROSE COTTAGE FLETCHERS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near East Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Pretty Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Leiston Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yoxford Road |