£500,387
This estimated value is based upon the latest sale price for the house of £405,000 on 4 Nov 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £405,000 | 4 Nov 2019 |
| 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 November 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £405,000 results in an estimated price of approximately £500,387.
| 4 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £405,000 | £95,387 | £500,387 |
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 | 57.728 % | £233,799 | £638,799 |
| 3 Month Average | 13.947 % | £56,484 | £461,484 |
| 6 Month Average | 15.616 % | £63,246 | £468,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £160,000 | £160,000 | LINTON HOUSE THE STREET |
| 7 Nov 2023 | £205,209 | £200,000 | MILLFIELD COTTAGE WATTISFIELD ROAD |
| 13 Oct 2023 | £429,761 | £420,000 | CYGNET HOUSE THE STREET |
| 9 Jun 2023 | £214,294 | £210,000 | WILLOW FARM WATTISFIELD ROAD |
| 13 Apr 2023 | £371,957 | £365,000 | STRANTON COTTAGE WATTISFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Rookery Lane |
| Jul 2024 | Public order | Under investigation | On or near Rookery Lane |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rookery Lane |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rookery Lane |
| Jul 2024 | Burglary | Under investigation | On or near The Street |