£551,282
This estimated value is based upon the latest sale price for the house of £415,000 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £415,000 | 23 Sep 2016 |
| £249,950 | 5 Dec 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 September 2016 the House Price Index for SUFFOLK was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £415,000 results in an estimated price of approximately £551,282.
| 23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £415,000 | £136,282 | £551,282 |
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 | -45.041 % | £-186,919 | £228,080 |
| 3 Month Average | 23.535 % | £97,670 | £512,670 |
| 6 Month Average | 22.061 % | £91,553 | £506,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £314,658 | £310,000 | SHANGRI-LA HONINGTON ROAD |
| 20 Jan 2023 | £324,472 | £326,000 | ALBERTA HONINGTON ROAD |
| 24 Oct 2022 | £690,565 | £698,000 | WILLOW HOUSE, 15 COMMON LANE |
| 29 Sep 2022 | £178,558 | £180,000 | 8 POPLAR CLOSE |
| 1 Sep 2022 | £481,115 | £485,000 | NEW HAVEN TROSTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodside View |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Honington Rise |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Heath Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Green Lane |