£405,220
This estimated value is based upon the latest sale price for the house of £350,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£350,000 | 30 Jul 2021 |
£256,000 | 27 Oct 2014 |
£250,000 | 24 Jun 2013 |
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 July 2021 the House Price Index for SUFFOLK was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £350,000 results in an estimated price of approximately £405,220.
30 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £350,000 | £55,220 | £405,220 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 61.073 % | £213,755 | £563,755 |
3 Month Average | 9.486 % | £33,201 | £383,201 |
6 Month Average | 23.174 % | £81,108 | £431,108 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jan 2023 | £942,518 | £940,000 | 8A EAST STREET |
4 Nov 2022 | £1,791,622 | £1,800,000 | 17 MARKET PLACE |
28 Sep 2022 | £1,299,132 | £1,300,000 | 10 SOUTH GREEN |
22 Apr 2022 | £575,769 | £555,000 | 26 EAST STREET |
4 Jan 2022 | £570,519 | £538,125 | 11 TRINITY STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Parking Area |
May 2024 | Criminal damage and arson | Local resolution | On or near Parking Area |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Trinity Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Child'S Yard |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |