£481,356
This estimated value is based upon the latest sale price for the house of £195,000 on 10 Feb 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 10 Feb 2003 |
| 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 February 2003 the House Price Index for SUFFOLK was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £195,000 results in an estimated price of approximately £481,356.
| 10 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £195,000 | £286,356 | £481,356 |
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 | 187.796 % | £366,201 | £561,201 |
| 3 Month Average | 97.243 % | £189,623 | £384,623 |
| 6 Month Average | 101.893 % | £198,691 | £393,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2023 | £460,458 | £450,000 | 1 ICEPITS CLOSE |
| 9 Oct 2023 | £335,111 | £327,500 | 10 MERE CLOSE |
| 25 Aug 2023 | £432,806 | £425,000 | 15 MERE CLOSE |
| 2 Feb 2023 | £335,239 | £333,000 | 3 MOORELAND DRIVE |
| 15 Jul 2022 | £227,277 | £225,000 | 14 COX LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Under investigation | On or near Icepits Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Icepits Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cox Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cox Lane |
| Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Cox Lane |