£1,050,051
This estimated value is based upon the latest sale price for the house of £850,000 on 7 Jan 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£850,000 | 7 Jan 2019 |
£525,000 | 18 Sep 2015 |
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 January 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £850,000 results in an estimated price of approximately £1,050,051.
7 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £850,000 | £200,051 | £1,050,051 |
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 | -35.326 % | £-300,268 | £549,731 |
3 Month Average | 7.344 % | £62,421 | £912,421 |
6 Month Average | 2.704 % | £22,987 | £872,987 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £488,548 | £480,000 | CADOGAN HOUSE FORNHAM ROAD |
20 Nov 2023 | £380,635 | £375,000 | 2 LAUNDRY COTTAGES LIVERMERE ROAD |
11 Oct 2022 | £554,035 | £560,000 | 5 WEST WOOD |
29 Jul 2022 | £651,754 | £650,000 | 2 TEWKESBURY PLACE |
15 Jul 2022 | £476,282 | £475,000 | SILVER LEY FORNHAM ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Eleanor Place |
Mar 2024 | Public order | Formal action is not in the public interest | On or near The Park |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Maple Green |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lodge Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chestnut Close |