£579,162
This estimated value is based upon the latest sale price for the house of £435,000 on 2 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £435,000 | 2 Aug 2016 |
| £308,000 | 24 Feb 2006 |
| £242,000 | 29 May 2002 |
| £117,500 | 12 Oct 1995 |
| 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 August 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £435,000 results in an estimated price of approximately £579,162.
| 2 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £435,000 | £144,162 | £579,162 |
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 | -17.293 % | £-75,225 | £359,774 |
| 3 Month Average | 32.684 % | £142,177 | £577,177 |
| 6 Month Average | 25.706 % | £111,819 | £546,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £101,364 | £100,000 | THE OLD FORGE IXWORTH ROAD |
| 14 Jul 2023 | £314,229 | £310,000 | 2 PROSPECT ROAD |
| 7 Jul 2023 | £658,868 | £650,000 | BRAMBLES THE STREET |
| 30 Jun 2023 | £594,198 | £587,000 | WALNUT COTTAGE SCHOOL CLOSE |
| 21 Apr 2023 | £432,153 | £427,500 | SUMMER BARLEY COTTAGE CHURCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near School Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Ixworth Road |